Security guards stand at the entrance to the reception of the Reserve Bank of India (RBI) in Mumbai. (Photographer: Prashanth Vishwanathan/Bloomberg)

RBI’s New NBFC Rules: Increased Disclosures May Help Reduce Investor Risk

The collapse of Infrastructure Leasing and Financial Services and the subsequent fallout on non-bank lenders caught many investors off-guard. Not only had these firms been billed as high-growth opp...

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