IPO financing by NBFCs, a large business for some of these companies has come under close scrutiny, as while there is a limit of Ra 10 lakh for banks financing IPOs, there is no such limit for NBFCs.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-paper-suggests-caps-on-nbfcs-ipo-real-estate-financing-tighter-regulations/articleshow/80409111.cms
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