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What is RBI Tightens DLG Rules for NBFCs about?

The Reserve Bank of India (RBI) has mandated non-banking finance companies (NBFCs) to exclude default loss guarantees from fintech partners in their bad loan provisions to mitigate systemic risks. SBI Life Insurance and Vidyaniti LLP have acquired a 4.25% stake in National Highways Infra Trust for Rs 1,100 crore. Additionally, India has recorded a historic USD 81.04 billion in foreign direct investment (FDI) for FY 2024–25, with significant contributions from various sectors.

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shakshishukla050

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EN