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RBI TELLS NBFCS NEWS IN ENGLISH

  • lend up to 50 percent of share value rbi tells nbfcs

    Lend up to 50 percent of share value: RBI tells NBFCs

    August 21, 2014 20:56 IST

    Chennai: Non-banking finance companies (NBFC) have to maintain a loan-to-value ratio of 50 percent when they lend against shares, the Reserve Bank of India (RBI) stipulated on Thursday. In its circular, the RBI also stipulated that

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