Banks should have stronger overview on NBFC borrowers' lending practices: SBI MD

Banks need to have stronger knowledge on the lending practices of non-bank lenders that borrow from them, said C S Setty, a managing director at India's largest lender SBI. Non-bank finance companies should follow the same risk underwriting and credit monitoring principles as those used by major banks to monitor risk.

from Banking/Finance-Industry-Economic Times https://ift.tt/4DiMIWg