New Delhi, Feb. 13 -- Reserve Bank of India Governor Sanjay Malhotra on Thursday asked Non-Banking Financial Companies (NBFCs) to become part of the Unified Lending Interface (ULI) being put in place by the central bank..
"Urging the NBFCs to further their contribution towards financial inclusion, the Governor requested them to become part of Unified Lending Interface (ULI) being put in place by the Reserve Bank," the RBI Governor said.
RBI Governor held a meeting with the Managing Director and Chief Executive Officers of select Non-Banking Financial Companies (NBFCs) across all layers, including Government NBFCs, Housing Finance Companies and Micro-Finance Institutions.
According to RBI, these NBFCs constitute nearly 50 per cent of th...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.