RBI proposes opening term money market to NBFCs, companies (opens original article in a new tab)

The Reserve Bank of India proposed expanding access to the term money market to NBFCs, HFCs, AIFIs, and companies, while increasing borrowing limits for standalone primary dealers and strengthening market transparency.

• RBI proposes allowing NBFCs, HFCs, AIFIs, and companies to access term money market
• Borrowing limits for standalone PDs increased to 400% of net owned funds
• Market transparency and reporting standards to be strengthened