Tag: Reserve Bank Of India Rbi

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RBI may toughen NBFCs' access to public deposits

New Delhi: The Finance Ministry may ask the Reserve Bank of India (RBI) to put strong regulatory framework around NBFCs accessing non-bank public deposits, like pension and provident fund, as these are savings of the salaried class and must be kept away from avoidable risks like infrastructure NBFCs. Faced with liquidity crunch after IL&FS default […]

  • Friday, 30 April 2021
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