DHFL episode offers lessons in how not to run a NBFC

Shishir Asthana • July 15, 2019 / 19:09 IST

Further defaults and inability to meet its payments on the part of DHFL will again spread fear in the sector. It will set off a fresh round of risk aversion and liquidity squeeze for NBFCs as banks refrain from funding the shadow banking sector.

DHFL (File Image: PTI)

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