| RBI to review policy for NBFCs |
| BS Reporter / Mumbai April 17, 2008 |
| 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 |
