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Tata Capital says new norms to eat into bottom lines of NBFCs

Sunday, January 13, 2013

WN.com - Business News
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Tata Capital says new norms to eat into bottom lines of NBFCs
Jan 13th 2013, 10:17

Tata Group's finance subsidiary Tata Capital has expressed reservations about the Reserve Bank's proposed changes in the norms governing NBFCs, saying the move will negatively impact profits and raise lending rates. "Overall, in the short-run it will...
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