Diabytes
Leverage Ratio News
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RBI on Thursday released a consultation paper on peer-to-peer (P2P) lending, in order to bring the sector under its purview, by proposing a minimum capital requirement of Rs 2 crore for the players and barring them from promising extraordinary returns.
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Currently, RBI allows the Exim Bank to leverage only 10 times of its net-owned funds, which it wants to be hiked to at least 15 times.
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