RBI to steadily tighten NBFC regulations: Shaktikanta Das
- New rules will be brought in a non-disruptive manner, says RBI governor
- NBFCs are yet to fully absorb the systemic shock following defaults by IL&FS and a consequent liquidity crunch
Mumbai: The Reserve Bank of India (RBI) is looking to steadily tighten regulation of non-banking financial companies (NBFCs) without causing any disruption to the current recovery of the sector, RBI governor Shaktikanta Das said.
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