Regulatory norms for factoring NBFCs may be relaxed

By Bruhadeeswaran R

  • 19 Feb 2013
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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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