NBFC crisis: Govt in no hurry to step in, will wait and watch

Sources in the government closely following the developments said there will be a “moral hazard” if the government bears the cost of risky actions of NBFCs. In its own assessment, the government also thinks that while the current liquidity crunch will impede growth, it is unlikely to lead to a full-blown crisis.

from India News: Latest News India, Live Breaking News, Today's Top Headlines | The Indian Express
Read The Rest:indianexpress...