If small savings rates are aligned to government securities, then RBI allowing retail investors to open gilt accounts could lead to a lot of retail participation, says Nilesh Shah, MD, Kotak AMC.
RBI has proposed to provide funds from banks to NBFCs under the TLTRO on tap scheme. This has been a long-standing demand for the NBFC sector. How do you look at this announcement?
Number one, this is a very positive announcement because this gives assured financing to NBFCs.
Nine big financial changes that you must watch out for in October
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