New central bank norms may attract more investments into India's non-bank lenders

New central bank norms may attract more investments into India's non-bank lenders

The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai, India, February 2, 2016. REUTERS/Danish Siddiqui/File Photo

The Reserve Bank of India’s (RBI) proposed guidelines for non-bank lenders are not as stringent as feared and are expected to improve the funding conditions of the sector and provide more confidence to potential investors, experts said.

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