<ul data-eligibleForWebStory="false"><li>Finance Minister Nirmala Sitharaman urged NBFCs to refrain from aggressively marketing loans and to keep interest rates at reasonable levels.</li><li>She emphasized the importance of financial inclusion without exploiting customers, advising NBFCs to follow RBI's loan recovery norms and lending based on genuine needs and repayment capacity.</li><li>Sitharaman highlighted the need for a sustainable business model, risk management, and focus on liquidity and credit risks within NBFCs.</li><li>NBFCs are expected to play a significant role in sectors like green initiatives and affordable housing, with their strong fundamentals and improving asset quality post-pandemic.</li></ul>

Don't Aggressively Push Loans, Keep Interest Rates Reasonable: FM To NBFCs

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