The Reserve Bank of India (RBI), which released its discussion paper for non-banking financial companies (NBFCs), has proposed a four-layer regulatory framework structure. Further, the RBI has proposed that the entry point for NBFCs be hiked to Rs 20 crore from the current Rs 2 crore. Santanu Chakrabarti of Edelweiss Financial Services and Gagan Banga, Managing Director of Indiabulls Housing Finance spoke to CNBC-TV18 on the topic.The Reserve Bank of India (RBI), which released its discussion paper for non-banking financial companies (NBFCs), has proposed a four-layer regulatory framework structure. Further, the RBI has proposed that the entry point for NBFCs be hiked to Rs 20 crore from the current Rs 2 crore. Santanu Chakrabarti of Edelweiss Financial Services and Gagan Banga, Managing Director of Indiabulls Housing Finance spoke to CNBC-TV18 on the topic.

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