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RBI Proposes Scale-Based Regulations For Shadow Banks
22 Jan 2021, 05:14 PM IST 
New norms have also been suggested for the mid to smaller NBFCs but they are likely to be less stringent.
The Reserve Bank of India (RBI) has proposed a regulatory overhaul of the non-banking financial companies (NBFCs) and recommended a scale-based approach with stricter capital and governance norms, it said in a discussion paper released on Friday.
