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Wednesday, October 31, 2018

Arun Jaitley-led panel discusses NBFC liquidity issues

Reserve Bank governor Urjit Patel said the liquidity problem in NBFCs is not as severe as is being projected, but assured the government that it would ensure adequate liquidity in the system, sources said. The government, on its part, asked the RBI to prevent spreading of IL&FS crisis to other sectors of the economy, sources added.

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