Published 15:26 IST, May 8th 2024
India's Central Bank Caps Cash Loans for NBFCs to Combat Illicit Transactions
The move follows recent scrutiny of IIFL Finance, a non-bank lender, for violations of several regulatory provisions.
![NBFC](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/WhatsAppImage2023-11-22at17.10.10-170065326648416_9.webp)
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15:26 IST, May 8th 2024