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Nov 25, 2014
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RBI planning more measures for NBFCs
The Reserve Bank of India (RBI) is considering more measures for non-banking financial companies (NBFCs), including more oversight and bringing state-owned firms under central bank supervision, deputy governor R. Gandhi said in a speech on Sunday. Other measures being considered include a review of regulations of NBFCs within the microfinance sector and a system for tackling customer complaints for these shadow lenders, Gandhi added.
Source -
http://www.livemint.com
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