The Reserve Bank of India has issued draft norms for the creation of a new entity in the non-banking financial sector, namely NBFC – Account Aggregator (AA) and proposed that the minimum capital for start such an activity will be Rs. two crore.
- Financial Stability and Development Council (FSDC) is an apex-level body constituted by the government of India.
- Who is the governor of RBI?
- Where is RBI headqauter located?
Source The Hindu