⛔️RBI proposes graded risk based approach to regulate NBFCs
The Reserve Bank of India proposed a four- tier regulatory framework for non-banking finance companies based on systemic importance and potential risk to financial system stability . With this while the RBI has sought to bring the NBFC sector on par with banks, it has also assured that the propsoed changes in regulation notwistandting, NBFCs engaged in niche sectors and georaphies will continue to have flexbility in terms of business operations and uniqueness going forward. 4 layers will include NBFC-Base Layer (NBFC-BL) , NBFC -Middle Layer (NBFC ML), NBFC - Upper Layer (NBFC UL) and NBFC - Top Layer (NBFC TL)
📕About Reserve Bank of India
Governor: Shaktikanta Das
Headquarters: Mumbai
Founder: British Raj
Founded: 1 April 1935, Kolkata
Jurisdiction: India
Reserves: ₹3,830,997 crore (US$540 billion)
0 टिप्पणियाँ