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Govt issues consolidated revised guidelines for relaxation, allows NBFCs to operate with bare minimum staff

Updated : April 17, 2020 09:31 AM IST

According to the new guidelines, non-banking financial institutions (NBFCs) including Housing Finance Companies (HFCs) and Micro Finance Institutions (NBFC-MFIs) will be allowed to operate with bare minimum staff.
Collection, harvesting and processing of minor forest produce, non-timber forest produce by scheduled tribes and other forest dwellers in forest areas will also be allowed to operate, the latest order said.
Govt issues consolidated revised guidelines for relaxation, allows NBFCs to operate with bare minimum staff

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