Loans to senior executives, large NBFC exposures: RBI ring-fences norms - The Indian Express

In a notification, the RBI said that aggregate exposure of an upper layer NBFC to any entity must not be higher than 20 per cent of its capital base, although the board can approve an additional 5 per cent to take it to 25 per cent.

The Reserve Bank of India (RBI) on Tuesday unveiled guidelines for non-banking financial companies (NBFCs) on large exposures, lending to directors and sought additional disclosures in notes to accou… [+2878 chars]

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