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HomeNewsOpinionRBI’s crackdowns show chase for higher returns breeds callous lenders

RBI’s crackdowns show chase for higher returns breeds callous lenders

A scorching IPO market has made it more appealing for NBFCs, typically used to more flexible operations than banks, to ignore regulations just to grab the opportunity to make a quick buck through financing these.

RBI's crackdowns on NBFCs is becoming more frequent

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