Must address systemic risk arising out of growing NBFCs: RBI deputy governor M Rajeshwar Rao

The deputy governor observed that there has been a consistent and conscious understanding that a one-size-fits-all approach is not suitable for the NBFC sector, which includes a diverse set of financial intermediaries with different business models serving a heterogenous group of customers and exposed to different risks.

from Banking & Finance – The Financial Express https://ift.tt/3jtj752