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UNREGULATED DEPOSIT SCHEMES

Government had recently announced banning of unregulated deposit schemes.  Experts tangled over the said ordinance 2019 and said that it could hurt the individuals who are able to raise quick loans from their relatives and friends. The ordinance pertained to businesses availing loan from unrelated parties and enterprises. Various provision and exclusions of the ordinance

UNREGULATED DEPOSIT SCHEMES

Government had recently announced banning of unregulated deposit schemes.  Experts tangled over the said ordinance 2019 and said that it could hurt the individuals who are able to raise quick loans from their relatives and friends. The ordinance pertained to businesses availing loan from unrelated parties and enterprises. Various provision and exclusions of the ordinance

NBFCs and the Challenges

The latest changes in the trend of liquidity challenges has resulted in a steady growth of NBFCs (Non-Banking financial Companies) over the past few fiscals.   This means, the interest rates and borrowing costs have started swinging and has resulted in the funding challenges of NBFCs. Measures by the Government of India, Reserve Bank of India

NBFCs and the Challenges

The latest changes in the trend of liquidity challenges has resulted in a steady growth of NBFCs (Non-Banking financial Companies) over the past few fiscals.   This means, the interest rates and borrowing costs have started swinging and has resulted in the funding challenges of NBFCs. Measures by the Government of India, Reserve Bank of India