15 NBFCs in RBI’s ‘upper layer scale’; will face stiffer regulations Subject :Economy Section: Monetary Policy In News: RBI places 15 NBFCs in the Upper Layer (NBFC-UL) under Scale Based Regulations (SBR) for non-bank lenders. Key Points: RBI has zeroed in on 15 non-banking finance companies (NBFCs), including LIC Housing Finance, Bajaj Finance, […]