RBI proposes to further harmonise regulations of HFCs and NB

RBI proposes to further harmonise regulations of HFCs and NBFCs

Currently the deposit taking HFCs are required to maintain 13 per cent of liquid assets against public deposits held by them. It has now been decided that all deposit taking HFCs need to maintain liquid assets to the extent of 15 per cent of the public deposits held by them, in a phased manner, the RBI said.

Related Keywords

India , , National Housing Bank , Reserve Bank , Account Aggregator , Rbi , Nbfcs , Fcs , Draft Circular ,

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