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RBI Grants NBFCs More Power to Change Ownership in Stressed Firms - (30 Oct 2015)

Reserve Bank of India (RBI) has allowed Non-Banking Finance Companies (NBFCs) to upgrade credit facilities extended to borrowing entities whose ownership has been changed outside strategic debt restructuring (SDR) to the 'standard' category.

Tags : RESERVE BANK OF INDIA   NON-BANKING FINANCE COMPANIES  

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