rbi speech, 2023-10-20
Following the collapse of ILFS in the second half of 2018, almost the entire 2019 necessitated taking measures to intensify the supervision of NBFCs; close monitoring of their liquidity and stability conditions; infusing system liquidity through innovative instruments like currency buy-sell swaps; restoring market confidence through appropriate communication and backing it up with actual action on several fronts.
Sentiment: neutral
Topic: financial_stability