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Which RBI Norms Apply to Different Categories of NBFCs?
Non-Banking Financial Companies (NBFCs) are an important part of India’s financial system. They offer many financial services like loans, asset financing, peer-to-peer lending, and money transfer services. But since they are not banks, they follow different rules. The Reserve Bank of India (RBI) has made special norms for different types of NBFCs to make sure they work properly and...
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