India: Analysts Give Thumbs-up to New NBFC Norms; Question on HFCs

Nov 2014
India, November, 12 2014 - The new rules of the Reserve Bank of India (RBI) on non-banking financial companies (NBFCs) will help in strengthening balance sheets but impact profitability, analysts said a day after the central bank announced regulatory changes, although the three-and-half year transition period gives them enough leeway.

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Source : Livemint

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