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Friday, October 19, 2018

RBI's move to increase credit flow to NFBCs & HFCs

RBI's move to increase credit flow to NFBCs & HFCs


by Mr. Shobhit Agarwal, MD & CEO – ANAROCK Capital:

With this move, the RBI has now made a proactive attempt to boost credit flows to NBFCs and it is a positive move per se. Banks are already grappling with the problem of NPA, and have consciously reduced their exposure towards real estate. 
The current IL&FS crisis has further complicated the liquidity crisis in the system and every lender is taking extra precautions while disbursing capital to NBFCs and HFCs, including banks. 
In the current background where real estate sales have been extremely slow and a substantial amount of projects are running behind schedule, banks might not be willing to lend to NBFc and HFCs. 
However, the NBFCs with strong track records might certainly get some respite from the banks.



Arun Chitnis
Media Relations 
ANAROCK Property Consultants Pvt. Ltd.
Office No. 901A 9th Floor, ONYX,
Next to Westin Hotel, Koregaon Park,
Pune – 411001
M: +91 9657129999


RBI's move to increase credit flow to NFBCs & HFCs Reviewed by S. Chitra on October 19, 2018 Rating: 5 RBI's move to increase credit flow to NFBCs & HFCs by Mr. Shobhit Agarwal, MD & CEO – ANAROCK Capital: With this mov...

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