RBI Deputy Governor Viral Acharya during an interview in New York. (Photograph: BloombergQuint)

RBI Ready To Be Lender Of Last Resort For NBFCs, But It’s Not Needed As Of Now, Says Acharya

The Reserve Bank of India is ready to be the lender of last resort for non-banking financial companies if required, but it doesn’t see the need for such a measure “given the sound health of the eco...

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