NIFTY  8,896.70  -0.48%
  SENSEX  28,812.90  -0.28%
 CURRENCY  Rs  66.83/$ 70.65/€, 83.79/£
  GOLD  29,717.00  0.32%
  SILVER  43,440.00  0.20%
  DAX  11,822.70  0.16%
  FTSE  7,253.00  0.13%
  CAC  4,845.18  -0.00%
  HANG SENG  23,925.10  -0.17%
  NIKKEI  19,107.50  -0.91%
  Shanghai Composite  3,228.66  -0.42%
  DOW JONES  20,821.80  0.06%
  NASDAQ  5,845.31  0.17%
  S&P 500  2,367.34  0.15%
SANOFI INDIA Q4 - Net Sales At Rs 552 Cr Vs Rs 522 Cr YoY SANOFI INDIA Q4 - Net Profit At Rs 50.5 Cr Vs Rs 120 Cr YoY

“RBI Move On Loan Recast Very Logical”

Video:

Play this video

January 28: The Reserve Bank of India last week made clear that rules for restructuring loans by NBFCs will be similar to those for banks. The new guidelines issued by the RBI are intended to create a level-playing field between NBFCs and other commercial banks. Bloomberg TV India speaks to Arun Duggal, Group Chairman, Shriram Transport Finance, to understand the implications of the central bank’s move.