RBI's Magical Proposal Could Elevate NBFC Market by 60%

In a land where magic brews, the Reserve Bank of India casts a wondrous spell! Non-banking financial companies, like mystical creatures, can now dance in the term money market, with a potential to boost volumes by 40-60 percent in just one year! AAA-rated NBFCs may borrow at rates as low as a pixie's whisper, as liquidity flows like enchanted potions through this financial realm.