The Reserve Bank of India (RBI) proposed significant regulatory easing for Non-Banking Financial Companies (NBFCs) to promote ease of doing business while maintaining strong sectoral growth.
Mumbai (Maharashtra) [India], May 16 (ANI): The recent ruling by the Supreme Court that underscores the primacy of the Reserve Bank of India (RBI) as the regulator and supervisor of the non-banking financial companies (NBFCs), has removed a key regulatory overhang, rating agency CRISIL said