TNPSC Thervupettagam

NBFC Regulation

July 29 , 2019 1976 days 1078 0
  • Finance Bill, 2019 aims to give more powers to RBI to regulate Non-Banking Finance Companies (NBFC).
  • The supervisory framework for NBFCs is being aligned with that of Scheduled Commercial Banks.
  • RBI can direct the inspection and audit of any group company of an NBFC.

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