Reserve Bank to create specialised cadre for supervision and regulation of banks, NBFCs
• 6 years agoThis move assumes significance at a time when non-banking financial companies (NBFCs) are facing severe liquidity crunch in the wake of IL&FS crisis
Govt to continue pressing Reserve Bank of India for relaxing norms, funds to boost lending
• 6 years agoThe reports of rift between the central bank and the government surfaced last month following which the finance ministry reportedly started discussion with the RBI under the never-used before Section 7 of the RBI Act.