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RBI to review policy for NBFCs

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 8:48 PM IST
Deputy Governor of Reserve Bank of India (RBI) V Leeladhar today said that it was time to review the policy regarding non-banking financial companies (NBFCs) accepting deposits from the public. While maintaining that the deposits accepted by the finance companies were not significant and did not pose any systemic risks, Leeladhar said, "The time has come to think of only allowing banks to take deposits from the public. It

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First Published: Apr 17 2008 | 3:03 PM IST

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