Systemic risk identification and monitoring among non-banking financial companies (NBFC) is a challenge considering the significant heterogeneity within the segment, the RBI said in its latest Financial Stability Report. NBFC-investment and credit companies (NBFC-ICCs), and NBFC infrastructure finance companies (NBFC-IFCs) account for 95% of the NBFC segment’s advances.RBI notes that the balance sheets of these […]
