Central bank opens liquidity tap to help stressed shadow banks2 min read 07 Aug 2019, 11:57 AM IST
RBI increases the ceiling for a bank’s exposure to a single NBFC to 20% of its tier I capital from 15% earlier
Bank lending to registered NBFCs for on-lending to agriculture up to ₹10 lakh; micro and small enterprises up to ₹20 lakh; and housing up to ₹20 lakh per borrower to be classified as priority sector lending
MUMBAI : The Reserve Bank of India (RBI) on Wednesday announced two key measures to help stressed non-banking financial companies (NBFCs) raise funds from banks.
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