As of March 2021, NBFCs including HFCs had assets under management of Rs 54 lakh crore, says RBI Deputy Governor M Rajeshwar Rao. 
Differential regulation for NBFCs was introduced way back in 2006, says RBI Deputy Governor M Rajeshwar Rao.
Need to address the systemic risk arising out of growing NBFCs, says RBI Deputy Governor M Rajeshwar Rao.
Responsible #financial innovation should always have customer at the centre, says RBI Deputy Governor M Rajeshwar Rao.
Governance requirements for NBFCs have been less rigorous than banks, says RBI Deputy Governor M Rajeshwar Rao.
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