A Scale Based Approach To Regulating NBFCs - Finance and Banking
Discussion Paper on Revised Regulatory Framework for NBFCs: A Scale Based Approach The Non-Banking Finance Company space has attracted the Reserve Bank of India's (RBI) gaze, again, of late with the regulator releasing a statement and a discussion paper at different times in the space of the last 60 days. On December 4 2020, the RBI in a statement 1 on developmental and regulatory policies, set out the need for regulation and supervision over NBFC (Non-Banking Financial Companies). A Discussion Paper 2 on the same was published on January 22, 2021 inviting responses and suggestions by Februar...
Source: mondaq.com