The finance ministry has pushed the RBI for improving liquidity in the system in the wake of the funds crunch for NBFCs, triggered by the default in IL&FS. The ministry is also keen that more credit be directed to small businesses, which are seen to be the drivers for employment and are currently facing stress as their lender NBFCs contract balance sheets.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2OfKr4f
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