Making NBFCs Bankable!

By: Viren H Mehta, Ernst & Young

September 13, 2011 / 18:35 IST

By: Viren H Mehta, Director of Ernst & Young

In August 2011, the Report and Recommendations made by Working Group Committee on Issues and Concerns in the Non-banking financial companies (NBFC) Sector proposed far-reaching changes to the existing regulatory and supervisory framework for NBFC. If adopted by Reserve Bank of India (RBI), these recommendations would significantly shape the future evolution of India

first published: Sep 13, 2011 06:29 pm

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