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.
JV partnership with developers and PE firms explored.
The e-auction of Rajashree will take place on July 22 while that of Shree Vaishnavi on July 29.
As per latest data, FPIs withdrew amount of Rs 3,710.21 crore from equities but invested Rs 3,234.65 crore in the debt.
The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.
Public sector banks will use technology for enabling the customer of one PSB to access service across all PSBs as well.
Government-owned and private banks besides non-banking financial companies have been saddled with huge NPAs.
Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.
SIAM said the role of NBFCs is important in vehicle sales as they cater to customers mainly in semi-urban and rural areas.