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Birla drops a bomb: Voda-Idea will shut down if it gets no help

Birla said the company will have to opt for insolvency route in the absence of relief from govt.

financial year

Dec 06, 2019, 01.12 PM IST

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FINANCIAL YEAR

Fitch says liquidity pressures faced by non-banking financial sector to continue

Indian finance and leasing companies are likely to grow at a slower pace in the year 2020 than in prior years, amid weaker economic growth and liquidity constraints, the rating agency said. Fitch added that its 2020 sector outlook is underpinned by challenging operating environments, lower growth prospects, and rising funding pressure.

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