Non-banking finance companies (NBFCs) were advised by RBI executive director R Lakshmi Kanth Rao to prioritize compliance, risk management, liquidity management, and customer protection. Rao emphasized the regulatory differences between banks and NBFCs, noting the need for NBFCs to enhance compliance systems and balance business with prudence.
from Banking/Finance-Industry-Economic Times https://ift.tt/nkxpJ2M
via IFTTT
No comments:
Post a Comment