RBI Governor Das: The Urgent Need for Fair Practices in NBFCs
RBI Governor Shaktikanta Das is sounding the alarm that some non-banking finance companies (NBFCs) are all about fast growth but aren't thinking about sustainability. This could stir up financial trouble, especially with high interest rates and fees flying around. Das is all for better risk management and compliance in NBFCs to keep things steady in the long run.
By Avi G
October 9, 2024