We're not policemen: RBI Governor after barring 4 NBFCs from disbursing loans
RBI Governor Shaktikanta Das said the central bank does not act like a policeman, but it maintains tight vigil on credit markets and takes action whenever necessary. The remark, made at the India Credit Forum, came a day after the RBI barred four NBFCs from sanctioning and disbursing loans. This was in response to material supervisory concerns, including usurious pricing.