RBI releases draft norm on non-deposit taking NBFCs
Published on Mon, Jun 02, 2008 at 20:24 | Source : CNBC-TV18
Updated at Mon, Jun 02, 2008 at 20:26
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RBI releases draft norm on non-deposit taking NBFCs
RBI has released draft norms on non-deposit taking non-banking financial companies (NBFCs), reports CNBC-TV18. The norm for non-deposit NBFC capital adequacy is 12% versus 10%. The norm for non-deposit NBFC capital adequacy is 15% for April 2009.
RBI has released draft norms on non-deposit taking non-banking financial companies (NBFCs), reports CNBC-TV18. The norm for non-deposit NBFC capital adequacy is 12% versus 10%. The norm for non-deposit NBFC capital adequacy is 15% for April 2009.
