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A default in September 2018 at infrastructure conglomerate and non-bank lender IL&FS cascaded across India’s financial sector in ways that are still being felt today, cutting off many non-bank financial companies – which account for more than a quarter of India’s domestic lending – from wholesale funding markets, and putting the brakes on the segment’s hitherto remarkable growth. Linking up with their conventional banking peers could help NBFCs address their structural dependence on wholesale funding and improve the quality of banks’ assets.
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THE MIDDLE EAST’S LARGEST VIRTUAL CORPORATE AND INVESTMENT BANKING EVENT
Dec 6, 2020
LATIN AMERICA'S ONLY VIRTUAL CONFERENCE BRINGING TOGETHER BORROWERS, INVESTORS AND BANKERS
Dec 1, 2020
THE WORLD'S LARGEST VIRTUAL PAN-AFRICAN DEBT EVENT
Nov 18, 2020
Virtual panel session hosted by Shearman & Sterling
Nov 17, 2020