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    growth of NBFCs

    Regulation of NBFCs Historical Evolution 1. February 01, 1964 ? ? Chapter III B was inserted in the Reserve Bank of India Act, 1934 Gave only limited powers to Reserve Bank i.e. on regulation of deposit acceptance by NBFCs. 2. 1974 - Chapter V (on Penalties) was inserted in RBI Act, 1934. 3...
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