The present liquidity crisis in the NBFC (Non Banking Financial companies) sector coming at the heels of the mounting non-performing assets in the banking sector (and precipitated by the IL&FS fiasco and recent news of delays in due payments on borrowings by some finance companies) seem to mirror the problems faced in suburban Mumbai with the onset of the monsoon season.
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Anish is the current Co-Chair of the Finance Practice at JSA and heads the Banking & Finance group. He also focuses on Cross Border Investments & Acquisitions.