The Reserve Bank of India Re-categorizes NBFCs

The Reserve Bank of India has introduced a new category of Non-Banking Financial Companies (NBFCs) By Ajay Ramanathan Bengaluru, March 14, 2019: The Reserve Bank of India (RBI) has created a new category of NBFC (Non-Banking Finance Company) called Non-Banking Finance Company – Investment and Credit Company (NBFC-ICC). In a notification dated Feb. 22, the […]

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