TAG: NBFC
RBI lays down regulatory principles for credit risk models
The Reserve Bank of India said on Monday that the entities it regulates will have to abide by certain broad principles when employing various credit models, as it attempts to ensure prudence and robustness in the use of these models."Inherently, model out...
2 months ago
Will the overlap on assets sides between banks and NBCFs lead to regulatory convergence?
The key proposition of non-banking financial companies (NBFCs) in the past has been their ability to deliver customised credit to borrowers in the retail space, who remained largely untapped by banks. Over the last two decades, they have been the first mo...
1 month ago