RBI names 16 main NBFCs in its higher layer checklist

The Reserve Financial institution of India (RBI) on Friday launched a listing of 16 higher layer non-banking finance firms (NBFC-ULs) that will have to adhere to enhanced law. The 16 firms within the NBFC-UL checklist are: LIC Housing Finance, Bajaj Finance, Mahindra & Mahindra Monetary Services and products, Shriram Delivery, Tata Sons, L&T Finance, Indiabulls … Read more