RBI’s Murmu urges NBFCs, HFCs to diversify funding, strengthen liquidity | Finance News
Reserve Bank of India (RBI) Deputy Governor Shirish Chandra Murmu on Thursday asked non-banking financial companies (NBFCs) and housing finance companies (HFCs) to diversify their funding sources and reduce their vulnerability to shifts in market sentiment, as the sector enters a new phase of growth. “Entities must diversify their funding sources. A deep, liquid…