SBI steps in to rescue cash strapped NBFCs, to buy good assets worth Rs 45,000 crore

NBFCs along with mutual funds have been facing a liquidity crunch following a series of loan repayment default since late September by IL&FS and its group companies.


SBI steps in to rescue cash strapped NBFCs, to buy good assets worth Rs 45,000 crore
Source: ZEE NEWS BUSINESS