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Liquidity management, asset quality among pillars for NBFC growth: RBI DG
RBI deputy governor Murmu highlighted five key areas for NBFCs and HFCs. These companies must focus on governance and liquidity management for sustainable growth. Asset quality and customer protection are also crucial for the sector's stability. Digital transformation and robust cybersecurity are essential for future operations. The regulator aims for proportional regulation and financial stability to support growth.
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economictimes.indiatimes.com
NBFCs must use AI, strengthen underwriting as credit growth accelerates: RBI Deputy Governor Murmu
Reserve Bank of India Deputy Governor S C Murmu urged NBFCs to use AI and machine learning tools. He emphasized stronger risk management and rigorous stress testing for lenders. …
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Liquidity management, asset quality among pillars for NBFC growth: RBI DG
RBI deputy governor Murmu highlighted five key areas for NBFCs and HFCs. These companies must focus on governance and liquidity management for sustainable growth. Asset quality…
