RBI may extend lending to NBFCs, MFs during crises
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The Reserve Bank of India is contemplating expanding its role as lender of last resort to include NBFCs, mutual funds, and microfinance institutions during extreme liquidity crunches. This consideration stems from increased interconnectedness within the financial system and the potential for contagion.
Saturday bank holiday: Are banks open or closed today on December 13, 2025?
Banks in India will be closed on December 13, 2025, as it is the second Saturday of the mo…


