RBI's Proposal Could Make NBFCs Money Market Superstars

Finance

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RBI's Proposal Could Make NBFCs Money Market Superstars

Hey, listen up! The RBI is throwing open the doors for NBFCs to crash the term money market party! They think this could crank up market volumes by 40-60% in the first year! AAA-rated NBFCs might even score some sweet borrowing rates. It’s like bringing your pals to the pizza joint — more fun and more dough! Let’s make it rain in the market, baby!