Bank-like Asset-liability Rules for NBFCs Soon
Civil services chronicleonline Strengthening
the asset-liability management (ALM) framework for non-banking financial
companies (NBFCs) and reviewing the extant guidelines on compensation of
whole-time directors of private sector banks figure among the key policy
actions that the Reserve Bank of India plans to take In 2019 ias questions.
The proposal to strengthen the ALM framework for NBFCs on lines similar to that
for banks, and harmonies it across different categories of NBFCs, comes in the
wake of the IL&FS imbroglio upsc preparation
