KM Financial Solutions | UPDATE 1-India exempts shadow lenders from debenture reserve requirements
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UPDATE 1-India exempts shadow lenders from debenture reserve requirements

UPDATE 1-India exempts shadow lenders from debenture reserve requirements

India’s non-banking financial
firms and listed companies that issue debentures will no longer
have to maintain a certain level of redemption reserves against
them, the government said on Monday, in an effort to increase
the availability of money for lending.

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