New Delhi ,
RBI's move to increase credit flow to NFBCs and HFCs , With this move, the RBI has now made a proactive attempt to boost credit flows to NBFCs and it is a positive move per se. Banks are already grappling with the problem of NPA, and have consciously reduced their exposure towards real estate. The current IL&FS crisis has further complicated the liquidity crisis in the system and every lender is taking extra precautions while disbursing capital to NBFCs and HFCs, including banks. In the current background where real estate sales have been extremely slow and a substantial amount of projects are running behind schedule, banks might not be willing to lend to NBFc and HFCs. However, the NBFCs with strong track records might certainly get some respite from the banks.