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Regulatory norms for factoring NBFCs may be relaxed

By Bruhadeeswaran R

  • 19 Feb 2013
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Regulatory norms for factoring NBFCs may be relaxed

The Reserve Bank of India may consider relaxing some norms such as reporting, refinance options and provisioning requirements for the factoring NBFCs. This follows a meeting between industry representatives and the central bank officials after the RBI issued draft guidelines in December 2012 for reviewing the existing regulatory and supervisory ......

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