New rule to increase credit supply to shadow lenders
MUMBAI, Feb. 8 -- In a move to improve liquidity flow to non-banking financial companies (NBFCs) in the country, the Reserve Bank of India (RBI) on Thursday announced that banks assign differential risk-weights to their exposures to NBFCs, based on ratings assigned by credit rating agencies, as against the existing practice of a uniform risk weight of 100%....
To read the full article or to get the complete feed from this publication, please
Contact Us.