The Reserve Bank of India (RBI) on January 15, 2024, issued the Draft Circular on “Credit/Investment Concentration Norms – Government owned NBFCs”.
The following has been stated namely: -
• The Draft Circular on “Credit/Investment Concentration Norms – Government-owned NBFCs” has been issued
• This shall apply to all Government-owned NBFCs registered with RBI.
• Feedback on the draft circular is invited from the stakeholders and may be submitted by email with the subject line “Feedback on Credit/Investment Concentration Norms – Government-owned NBFCs”
• The last day to submit feedback is February 29, 2024.
[Press Release: 2023-2024/1680]
