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NBFCs Fall on Worries about Bad Loan Norms

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NBFCs Fall on Worries about Bad Loan Norms
NBFCs or Non-banking finance companies fell on worries that RBI may tighten norms for bad loans.

RBI on Tuesday said changes in the NBFC regulatory framework to be introduced by end of this month.

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Shriram Transport Finance fell 1.5 percent, Mahindra and Mahindra Financial Services was down 0.7 percent.

Copyright: Thomson Reuters 2014

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