RBI body raises concern over rise in bank borrowing by NBFCs
Following the market correction prompted by the IL&FS default and a brief pause due to the COVID-19 pandemic, bank financing for NBFCs has begun to rise again, it said.
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Following the market correction prompted by the IL&FS default and a brief pause due to the COVID-19 pandemic, bank financing for NBFCs has begun to rise again, it said.
In India, where financial inclusion and access to bank credit continue to remain a challenge for vast segments of business and retail borrowers, it is necessary to develop an NBFC ecosystem
Kochi: Muthoot FinCorp Ltd has tied up with IME India Pvt Ltd to expand its money remittance services between Indo Nepal Corridor. The remittance launch programme was held on 31st August 2022. The NBFC have been assisting the Nepali community in India