RBI Discussion Paper Suggests Bank-Like Regulation For Top 25-30 NBFCs
RBI Discussion Paper Suggests Bank-Like Regulation For Top 25-30 NBFCs Jan 23 2021, 7:57 AM January 22 2021, 5:31 PM January 23 2021, 7:57 AM The Reserve Bank of India is suggesting an overhaul of regulations governing the countryâs large and wide-ranging non-bank lending segment. The largest 25-30 non-banking finance companies will be subjected to bank-like regulation and capital requirements.The recommendations come after a period of turbulence for non-banking financial companies. In November 2020, the RBI hinted at upcoming changes. A graded regulatory framework may be ... The Reserve...
Source: bloombergquint.com