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Amid NBFC Crisis, State Bank Reminds RBI Of Its Role As Lender Of Last Resort

Amid NBFC Crisis, State Bank Reminds RBI Of Its Role As Lender Of Last Resort

The NBFC sector has been in turmoil since 2018 after the collapse of infrastructure lender IL&FS. Asked several times, the RBI has refused to play its role as the lender of last resort, terming the...

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