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Government considering giving more powers to RBI to regulate NBFCs, says Nirmala Sitharaman

Updated : July 01, 2019 09:22 PM IST

The central bank, she added, has also informed that with a view to strengthen the NBFCs and maintain stability of the financial system, it has been taking necessary regulatory and supervisory steps.
She further said that the government, from time to time, infuses capital in public sector NBFCs based on an objective assessment of requirements.
Government considering giving more powers to RBI to regulate NBFCs, says Nirmala Sitharaman
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