NBFC Squeeze
NBFCs are scurrying around for funds to cope with falling market valuations, asset liability mismatches and rising delinquencies.
Dewan Housing Finance is going the IL&FS way or will be eventually sold if the problem is not fixed expeditiously," says a CEO of a Mumbai based non banking finance company or NBFC.
The company has been struggling with asset liability mismatches. So far, it has taken a decision to divest two group businesses (education loan
