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Assets and risks grow apace in the NBFC space

India’s shadow banks have grown in might and importance, but regulation needs refinement

October 03, 2024 / 09:06 IST
Assets and risks grow apace in the NBFC space

The problem remains for middle layer NBFCs which not only have low capitalisation requirements but also enjoy a relaxed regulatory regime when compared with upper layer NBFCs or commercial banks

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