Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
RBI eases norms for bank lending to well-rated NBFCs | Mint
The RBI has relaxed lending norms for banks providing loans to well-rated Non-Banking Financial Companies (NBFCs). This regulatory change is aimed at facilitating easier access to credit for NBFCs with strong credit ratings, thereby supporting their growth and financial stability. The easing of norms is expected to boost lending activities and enhance liquidity in the financial sector. By improving the credit environment for well-rated NBFCs, the RBI intends to foster a more robust and resilient financial system, benefiting both lenders and borrowers.