Icra expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20 from 13.5 per cent in the last financial year.
Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.
GDP expansion will pick up to 6.2 per cent in the next financial year (2020-21) and to 6.7 per cent in the year after.
The repurchase of shares by listed companies is governed by the Buyback Regulations of Sebi as well as the Companies Act.
I heard good things, positive thing, she said, and added that 'the message I got is that consumption is happening.'
Altico added its total borrowing from banks and financial institutions is Rs 4,361.55 crore as on September 12, 2019.
RBI increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.
Banking and non-banking financial companies (NBFCs) are still grappling with very large bad loans on their balance sheets.
DHFL owes over Rs 45,000 to banks, and the rest to other financiers including mutual funds, pension funds and insurers.
The company is estimated to be sitting on a debt-pile of over Rs 90,000 crore.