GENERAL3 Sept 2026
RBI's Murmu urges NBFCs, HFCs to diversify funding, strengthen liquidity
RBI Deputy Governor Shirish Chandra Murmu has urged non-banking finance companies (NBFCs) and housing finance companies (HFCs) to broaden their funding sources. He said securitisation, stronger governance, and careful lending are vital for sustainable growth. This matters for anyone borrowing from these firms, since healthier lenders means steadier credit. If you deal with an NBFC or HFC, keep an eye on its financial health.
Key Statutory Highlights
- RBI Deputy Governor Shirish Chandra Murmu said NBFCs and HFCs need diversified funding and securitisation.
- He called for stronger governance and sound underwriting as key to sustainable growth.
- His remarks came at the 7th CII NBFC and HFC Summit on responsible growth and digitisation.
Actionable Advice for Taxpayers / Founders:If you borrow from or invest in an NBFC or HFC, review its funding mix and governance practices before committing.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: