RBI

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RBI Proposes ₹1 Lakh Crore Asset Threshold for NBFC Upper Layer Classification

  The Reserve Bank of India has released draft amendment directions that would fundamentally reshape how Non-Banking Financial Companies are classified, moving from a complex parametric scoring system to a straightforward asset-size-based threshold of ₹1 lakh crore for Upper Layer designation. The Reserve Bank of India specifically recommends that NBFCs[Read More…]

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