The Reserve Bank has, today, placed on its website, a draft circular on the Liquidity Risk Management Framework for Non-Banking Financial Companies (NBFCs) and Core Investment Companies (CICs) to be adopted by all deposit taking NBFCs; non-deposit taking NBFCs with an asset size of Rs100cr and above; and all CICs registered with the Reserve Bank.
from India Infoline News Service http://bit.ly/2JFE6RV
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