What is govt expecting from NBFC move & Budget: CEA Subramanian & DFS Secy speak
  • WebDesk BTVI
  • Jul 05 2019

Chief Economic Adviser KV Subramanian and DFS Secretary Rajiv Kumar, both of whom had a big role to play in the formation of the Budget, talk to BTVI about the government’s expectation from the shift in regulation and supervision of NBFCs and housing finance companies (HFCs) directly under the Reserve Bank of India. Kumar says transferring HFCs under RBI was needed given the situation.