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RBI officials set to meet NBFC representatives today

Updated : January 09, 2019 08:21 AM IST

The Reserve Bank of India (RBI) is set to hold a meeting with the representatives from non-banking financial companies (NBFCs) at its headquarters in Mumbai on .

After meeting heads of public banks, private banks and MSMEs, CNBC-TV18 learns that the RBI governor and other top officials are set to meet with representatives of NBFCs. About 13-15 heads or representatives from these NBFCs will be part of today’s meeting.

The agenda includes several issues plaguing the industry and the top-most being the liquidity concern. NBFCs  want more avenues for liquidity to be opened up by the RBI so that banks are not the only source to raise capital.

Besides that, they may also seek further relaxation in asset securitisation guidelines where they may seek the minimum holding period (MHP) to be relaxed even for the two-five year loan category.

 

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