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Fri, January 24, 2025

Davos 2025 | RBI liquidity line to NBFCs will boost confidence, says Sanjiv Bajaj


Published on 2025-01-24 01:40:56 - cnbctv18
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  • Sanjiv Bajaj, Chairman and Managing Director (CMD) of Bajaj Finserv said that while liquidity is not a concern for large banks, NBFCs play a critical role in providing credit to tier-two and tier-three cities and underserved segments of society.

The article from CNBC-TV18 discusses insights from Sanjiv Bajaj, President of the Confederation of Indian Industry (CII) and Managing Director of Bajaj Finserv, at the World Economic Forum (WEF) in Davos 2025. Bajaj highlighted the positive impact of the Reserve Bank of India's (RBI) liquidity measures on Non-Banking Financial Companies (NBFCs). He noted that these measures have significantly boosted the confidence of NBFCs, enabling them to better manage liquidity and support economic growth. Bajaj also emphasized the importance of regulatory stability and the need for continued dialogue between regulators and financial institutions to foster a conducive environment for growth. Additionally, he touched upon the global economic outlook, suggesting that despite various challenges, India's economic resilience and policy measures are setting a positive tone for the future.

Read the Full cnbctv18 Article at:
[ https://www.cnbctv18.com/business/finance/davos-2025-wef-rbi-liquidity-nbfcs-confidence-booster-sanjiv-bajaj-19545732.htm ]
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