FM Urges Fair NBFC Practices

  Published 1 year ago

NBFCs must follow fair respectful loan recovery aligned with RBI code, says FM Sitharaman at NBFC Symposium 2025.

  • FM highlights NBFC loan book doubled to ₹48 lakh crore from ₹24 lakh crore over four years.
  • Calls for ethical lending based on customer needs and repayment capacity, not financial exploitation.
  • Emphasizes integrating governance, risk management, and customer protection into NBFCs' core operational values.
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