No More Light-Touch Regulation For NBFCs, Says RBI Governor Das

13/Jun/2019 12:09:59am

The era of ‘light-touch’ regulation for non-banking lenders may be over, according to Reserve Bank of India Governor Shaktikanta Das. Das, in his address at the 15th convocation of National Institute of Bank Management in Pune, said the central bank will continue to monitor the NBFC sector’s activity and performance with focus on major entities and their interlinkages with other sectors. “It’s ou