Regulations, audit for UCBs & NBFCs to be brought on par with banks: RBI

"We want the NBFC sector to remain robust. It plays an important part in filling the last mile gap and hence we have also made some changes like allowing co-lending with banks. It is a priorty for the RBI to ensure they remain strong and work well," Das said.

from Banking/Finance-Industry-Economic Times https://ift.tt/3qn2I49