All Asian countries under stress at that time who engaged in an IMF program managed to return to creditworthiness and regained market access (with the exception of Indonesia). The programs called for endeavor and temporary restraint to the population of these countries. But finally they managed. Both solidarity and stability-compliant economic and fiscal policy are needed.
Regulations are framed taking into account the practices in industry as a whole, not by the practices of outliers. Most NBFCs have migrated to other forms of resource mobilisation. As per data available with us, only 5 deposit taking NBFCs may have to bring down their deposit level. All other 236 deposit accepting NBFCs are already within the revised deposit acceptance threshold.