RBI would possibly not settle for ‘shadow financial institution’ requests for bad-loan exemptions: File

India’s central financial institution is not likely to provide “shadow banks” exemptions from stricter bad-loan regulations entering pressure, assets instructed Reuters, necessarily finishing a bonus the non-bank monetary companies have had over same old banks. Non-banking monetary corporations (NBFCs) have requested the Reserve Financial institution of India to exempt smaller loans from the foundations taking … Read more