Banks Reluctant To Lend NBFCs Despite Surplus Liquidity, Says Finance Ministry
A traffic light stands in front of the South Block of the Central Secretariat buildings in New Delhi, India. (Photographer: T. Narayan/Bloomberg)

Banks Reluctant To Lend NBFCs Despite Surplus Liquidity, Says Finance Ministry

Banks were reluctant to lend to shadow lenders in April despite excessive liquidity in the system, and parked their funds with the Reserve Bank of India, the finance ministry said.In the macroecono...
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