Reserve Bank of India (RBI) on Monday introduced certain principles, standards and procedures for mid and large non-banking financial companies.The revised regulatory framework for NBFCs, issued in October 2021, had indicated that such entities in the upper layer (NBFC-UL) and middle layer (NBFC-ML) would be required to have an independent compliance function and a chief compliance officer (CCO).from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0DBX6pm
No comments:
Post a Comment