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RBI Withdraws Few Exemptions Granted to HFIs - (12 Nov 2019)

BANKING

Reserve Bank of India has withdrawn some exemptions granted to mortgage finance companies in terms of complying with regulations such as provisions and creation of reserve fund that would put them on par with other non-banking finance companies. This has followed the shift of regulation of housing finance companies to the Mint Street from the National Housing Bank.

Tags : RBI   HFIS  

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