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New Update
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* Studying views received on paper on scale-based NBFC norms
* Challenge to restore trust in NBFCs post issues at some cos
* Regulatory framework for NBFCs remains work in progress
* Failure of a large non-bank lender may create contagion impact
* Proposed scale-based norm align with systemic risk of NBFCs
* Around 25-30 NBFCs identified as systemically important
* Proposed scale-based rules to enhance governance at NBFCs
Source : Eureka
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