Reserve Bank of India (RBI) panel proposed new tough norms for the non-banking financial companies (NBFCs). The main aim behind this move is to strengthen the regulatory and supervisory framework for such lenders.
In an interview to CNBC-TV18, Sanjiv Bajaj of Bajaj FinServ shared his views on the RBI guidelines for NBFCs. He said that the company seems to quality for most of the aspects mentioned in the press release. Here is the edited transcript of his interview. Q: What have you made of the RBI
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