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Last Updated : May 17, 2019 05:33 PM IST | Source: Moneycontrol.com

Editor's Take | RBI orders NBFCs to appoint Chief Risk Officers

Vaibhavi Khanwalkar chats with Moneycontrol Deputy Executive Editor, Ravi Krishnan to find out if this move will help put an end to defaults.


Reserve Bank of India has ordered all Non Banking Financial Company (NBFC) with an asset size of more than Rs 50 billion to appoint a chief risk officer.

This move is to tighten regulation after a series of defaults at top lender Infrastructure Leasing & Financial Services.

Vaibhavi Khanwalkar chats with Moneycontrol Deputy Executive Editor, Ravi Krishnan to find out if this move will help put an end to defaults.

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First Published on May 17, 2019 05:32 pm
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