RBI Starts Inspecting NBFCs For Exposure To High-Risk Assets

The Reserve Bank of India (RBI) has started an inspection of several non-banking finance companies (NBFCs) to assess their exposure to high-risk assets,
The central bank has called for an inspection of several systematically important companies to check which of them have over-leveraged their loan exposures to the risky portfolios. The scrutiny on the NBFCs has been tightened. NBFCs, including HFCs, have grown dramatically over the last 3-4 years. The industry's loan growth was 21.2 percent, while its borrowings grew by 19.1 percent. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961