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Reserve Bank says 15 large NBFCs to comply with enhanced regulatory requirements

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15 large NBFCs to comply with enhanced regulatory norms

Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements.

The central bank has categorised NBFCs into Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL).

A list of 15 large Non Banking Finance Companies (NBFCs) falling in the Upper Layer category has been released. ....

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RBI says 15 large NBFCs to comply with enhanced regulatory requirements

The central bank has categorised NBFCs into Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL) ....

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Reserve Bank says 15 large NBFCs to comply with enhanced regulatory requirements

Reserve Bank says 15 large NBFCs to comply with enhanced regulatory requirements
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Micro cap stock jumps up to 3% after company ties up with Kuwait Firm for an order

Micro cap stock jumps up to 3% after company ties up with Kuwait Firm for an order
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