NBFC | Relaxation in threshold for NBFCs under Sarfaesi to strengthen financial health, say experts
Updated Feb 01, 2021 | 20:39 IST The asset size has been reduced from Rs 500 crore to Rs 100 crore, thereby expanding access to Sarfaesi to more NBFCs Relaxation in threshold for NBFCs under Sarfaesi to strengthen financial health, say experts Mumbai: The government's proposal to relax the threshold for non-banking financial companies to initiate debt recovery under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act will help the shadow banks in recovery from smaller loans and strengthen their balance sheets, ...
Source: timesnownews.com