The central bank on Friday increased lenders' single borrower exposure limit for non-banking financial companies (NBFCs) which do not finance infrastructure, to 15 per cent of capital funds.
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The limit has been raised from 10 per cent and is effective up to December 31, the Reserve Bank of India said in a statement.
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The relaxation in lending norms by RBI comes on the back of worries over tightening credit lines to NBFCs after a series of defaults at one of the country's largest infrastructure financing companies.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)