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RBI introduces prompt corrective action for NBFCs
... that it be given some time since it is recovering from the Pandemic, according to the chief executive officer of an NBFC. A M Karthik, vice-president, ICRA, said that the thresholds around total capital adequacy and Tier-I capital for classifying an entity ... ... NBFCs a good idea at a time when the economy is recovering and the government is urging financial institutions to lend more? Raman Agarwal, chair of the Council for International Economic Understanding, said NBFCs were the subject of NBFCs.
Updated: 12/15/2021
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