Top NBFCs seek RBI nod to raise retail deposits

Except for a few NBFCs with legacy licences, most NBFCs are barred from raising retail deposits. Bajaj Finance, Shriram Finance, and Mahindra Finance are among the few NBFCs that are permitted to accept retail deposits. The governor met the CEOs of NBFCs, housing finance companies, microfinance institutions, and industry representatives on Monday.

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FPIs withdraw Rs 48,056 cr from D-St in Oct

Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation

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