RBI Asks NBFCs To Appoint Risk Officers
Members of the media and other attendees queue at the entrance to the reception of the RBI in Mumbai. (Photographer: Prashanth Vishwanathan/Bloomberg)

RBI Asks NBFCs To Appoint Risk Officers

India’s central bank has asked all non-bank lenders with an asset size of more than Rs 5,000 crore to appoint a chief risk officer to improve risk management.These officers must have a fixed tenure...
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