The Reserve Bank of India (RBI) has invited applications for Self-Regulatory Organisations (SROs) to oversee non-banking financial companies (NBFCs), including Investment and Credit Companies (NBFC-ICCs), Housing Finance Companies (HFCs), and Factors. The SRO may also include other NBFC categories. RBI emphasizes a diverse membership including smaller NBFCs, requiring at least 10% representation from the total in the Base Layer of its Scale Based Regulatory Framework. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
