RBI's Enchanted Warning: NBFCs Face Currency Challenges Ahead

In the mystical land of finance, the Reserve Bank of India cast a cautionary spell: as our daring Non-Banking Financial Companies (NBFCs) delve into external funding, they risk being swept away by the capricious winds of currency. With most borrowings enchanted against mishaps, the RBI urges vigilance as fresh challenges brew in the realms of microfinance, reminding all to keep their wands ready for the unexpected.