Banks' exposure to NBFCs slowly rising: IIFL Finance CEO Sumit Bali

By Beena Parmar

  • 09 Sep 2019
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Sumit Bali

A year after non-banking finance companies (NBFC) plunged into a liquidity crisis that made investors risk-averse, many firms are looking to raise funds through overseas borrowings. These include IIFL Finance Ltd, the flagship company of the financial services conglomerate IIFL Group. The company, which counts Canadian billionaire Prem Watsa's Fairfax ......

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