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To regulate or strangulate: An ethics-based framework for NBFC regulation

By: Unninarayanan, K., Poojari, A. and Gopakumar, K.U.
Material type: materialTypeLabelBookPublisher: Economic and Political Weekly Description: 58(30), Jul 29, 2023: p.13-16.Subject(s): Non-banking financial companies, Reserve Bank of India, NBFC In: Economic and Political WeeklySummary: A critique aspect of the current regulatory framework for non-banking financial companies by the Reserve Bank of India shows that such regulations would stymie the growth of NBFCs, constricting their lending ability that has been affected by the pandemic. What is needed is regulation through incentives instead of the threat of penalisation.- Reproduced
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Articles Articles Indian Institute of Public Administration
58(30), Jul 29, 2023: p.13-16 Available AR129416

A critique aspect of the current regulatory framework for non-banking financial companies by the Reserve Bank of India shows that such regulations would stymie the growth of NBFCs, constricting their lending ability that has been affected by the pandemic. What is needed is regulation through incentives instead of the threat of penalisation.- Reproduced

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