Relief For NBFCs As RBI’s Proposed Rules Not As Tough As Feared

No suggestion to impose CRR, higher SLR or priority sector lending targets a positive for NBFC stocks, say brokerages.

BQ Desk

Published On

25 Jan 2021, 09:50 AM IST

Last Updated On

25 Jan 2021, 05:51 PM IST

An employee wearing a protective face mask looks at company trading price movements on a digital screen inside the Euronext NV Paris stock exchange in the La Defense business district of Paris, France. (Photographer: Cyril Marcilhacy/Bloomberg)

The Reserve Bank of India’s proposed new regulations for non-bank lenders are not as restrictive as feared and may bring relief to these stocks, brokerages said in response to the regulator’s discussion paper released on Friday.

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Relief For NBFCs As RBI’s Proposed Rules Not As Tough As Feared

No suggestion to impose CRR, higher SLR or priority sector lending targets a positive for NBFC stocks, say brokerages.

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