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Loans to NBFCs become costlier as RBI tightens norms

Loans to NBFCs become costlier as RBI tightens norms

Saturday, February 23, 2019, 12:05 PM

The Reserve Bank of India (RBI) stepped in to slow the flow of credit flow to non-banking financial companies (NBFCs) by making it more expensive for banks to lend to them. A loan to an NBFC which owes banks Rs 200 crore or more and is un-rated will now attract a risk weight of 150%.
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