During the recent Monetary Policy Committee meeting, RBI Governor Shaktikanta Das expressed concerns about some Non-Banking Financial Companies (NBFCs) aggressively pursuing growth without proper administration. He advised them to review their target-based compensation structures and assess their exposures in unsecured loans, emphasizing the need for robust underwriting and monitoring standards.
from Banking/Finance-Industry-Economic Times https://ift.tt/1zHRwPY
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