After briefly going through the NBFC recommendations by the Usha Thorat Committee, Nirmal Jain, chairman of IIFL said that the new morns will help the long-term health of the NBFC sector. However, he believes that the margin funding reuirements will have a negative impact on the NBFCs.
In an exclusive interview to CNBC-TV18, Jain said that there are few things which need to be addressed, primarily pertaining to margin funding.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
