RBI to create specialised cadre for regulation of banks, NBFCs http://bit.ly/2YEnq0v - Walletnews For Me

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    Tuesday, May 21, 2019

    Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets RBI to create specialised cadre for regulation of banks, NBFCs http://bit.ly/2YEnq0v

    RBI to create specialised cadre for regulation of banks, NBFCs http://bit.ly/2YEnq0v

    A specialized cadre will be created within the Reserve Bank for supervision and regulation of financial institutions, including banks and NBFCs, the RBI said on Tuesday. This move assumes significance at a time when non-banking financial companies (NBFCs) are facing severe liquidity crunch in the wake of IL&FS crisis.
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