IL&FS crisis’ adverse impact on NBFC growth may lead to consolidation in sector: Fitch Ratings – Firstpost

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Fitch Ratings. IL&FS crisis’ adverse impact on NBFC growth may lead to consolidation in sector: Fitch Ratings. Firstpost – Press Trust of India. New Delhi: The debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by.

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Crisis in NBFC sector.. It appears that the difficulties in rolling over NBFC debt that followed the collapse of Infrastructure Leasing and Financial Services (IL&FS), a leading NBFC, have abated somewhat;. vijaya bank and Dena Bank may consider their consolidation.