NBFCs gain fresh momentum as RBI eases bank lending norms
Source: Live Mint The business environment is set to turn favourable for non-banking financial companies (NBFCs), thanks to two recent developments. On 25 February, the Reserve Bank of India (RBI) eased risk-weight norms for bank lending to NBFCs, reducing it from 125% to 100%, effective 1 April. This move should lower capital adequacy ratio requirements…