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Finance News

RBI threat draft could hit NBFCs; FIDC asks to deal with liquidity downside first

The Reserve Financial institution of India’s (RBI’s) draft pointers on liquidity threat administration for non-banking monetary firms (NBFCs), introduced on Friday final week, might dilute the latter’s profitability within the close to time period, albeit marginally. Although in draft kind, the rules had been anticipated by market/trade consultants and are in the fitting route as …