RBI issues draft report on NBFCs, banks

 "The Reserve Bank of India, in this backdrop, considered it necessary to study the playing field between bank-sponsored NBFCs and other NBFCs and to bring about regulatory convergence and a level playing field. A group was set up to look into these issues and give its recommendations. Following several meetings and deliberations covering the entire regulations, the group has presented its draft report," the release said.

 Click here for the draft report