NBFCs to see slow growth in retail credit: Icra
PTI: Mumbai, Jan 23 2013, 06:08 IST
likely to impact their profitability by 15-20 basis points in the medium term.
RBI has come up with draft guidelines on NBFCs as per the recommendations of Usha Thorat committee report, which proposed to implement 90 days NPA recognition norm instead of present 180 days, and higher tier-I capital for many NBFCs among others.
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