The Reserve Bank of India (RBI) has updated various master direction, i.e., Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2016; Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company 9Reserve Bank) Directions, 2016 and Non-Banking financial Company – Non-Systematically Important Non- Deposit taking Company (Reserve Bank) Directions, 2016.
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