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of <h1>Financial Regulators Call for Collaborative Governance and Responsible Innovation in Non-Banking Financial Companies Sector</h1> A senior financial regulator addressed a conference on Non-Banking Financial Companies (NBFCs), emphasizing shared responsibility in strengthening the sector. The speech highlighted the importance of responsible innovation, customer-centricity, and robust governance. Key focus areas included managing risks, ensuring fair practices, enhancing oversight through audit committees, and maintaining transparency. The regulatory approach aims to balance growth, innovation, and financial stability while protecting customer interests.
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