RBI Guidelines for NBFC Companies
RBI Guidelines for NBFC companies are helping improve overall impact on Economy with a 12.5% rise in GDP Non-Banking Financial Companies (NBFCs) are proving to be revolutionaries for financial institutions in raising loans, credits, retirement planning, and investments. NBFCs are regulated in India by the Reserve Bank of India(RBI) under the Companies Act, 2013. Thus, it is important for the RBI to lay down specific guidelines and [...]