As many as 3.50 lakh jobs have reportedly been lost in the auto industry since the start of the fiscal.
Foreclosure charges are part of the fee income for any lender and add to its bottomline.
ECBs with a minimum average maturity period of 10 years can now be used for working capital purposes and general corporate purposes.
Economy lost the verve and slipped to five-year low of 5.8 per cent in the March quarter.
SBI has also cut the credit period for dealers to 60 days from 90 days.
RBI was closely monitoring top 50 NBFCs, and had a good understanding of cash flows of these firms, said Shaktikanta Das.
Fitch says long-term concerns about realty exposure stay.
Net disbursals by NBFCs/HFCs to real estate developers declined by almost half from about Rs 52,000 crore in 2017-18.
RBI has opened an indirect liquidity window to aid banks to give funds to the sector, which is facing a severe liquidity crisis.
DHFL reported a loss of Rs 2,223 crore for the March quarter of 2018-19 financial year.