Fitch Alert: RBI’s Warning on Non-Bank Lenders Sparks Market Turbulence
16 May 2024
Fitch Ratings has observed that the Reserve Bank of India's (RBI) recent initiatives to enhance corporate governance and risk management in non-bank financial institutions (NBFIs) could lead to decreased industry risks over time if successful. However, in the short term, it may introduce volatility for affected non-bank entities. The rating...
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