RBI’s Major Crackdown: Licenses of 135 NBFCs Cancelled; Know the Reason Behind This Big Move
India’s central bank, the Reserve Bank of India (RBI), has cancelled the licenses of 135 Non-Banking Financial Companies (NBFCs) in a major regulatory action. Following this move, it is important to understand what it means for customers and the financial sector. New Delhi: India’s financial sector witnessed significant developments on…