Sunday, June 4, 2023

NBFCs

Sitharaman to review state of economy

Finance minister Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council (FSDC) on Monday.The 27th meeting of the high-level panel to be held here...

RBI’s red flag for NBFCs

The Reserve Bank of India (RBI) intends to tighten the supervisory architecture for non-banking financial companies (NBFCs) in view of the systemic risks emerging from their size and interconnectedness.“Higher risk appetite of NBFCs has…contributed over time to their size,...