Industry officials and experts say they expect Indian regulators to cancel the licences of as many as 1,500 smaller non-banking finance companies because they don#39;t have adequate capital, and to also make it more difficult for new applicants to get approval.Analysis: Default likely to shake-up India#39;s shadow banking sector
Industry officials and experts say they expect Indian regulators to cancel the licences of as many as 1,500 smaller non-banking finance companies because they don#39;t have adequate capital, and to also make it more difficult for new applicants to get approval.
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