The rising number of issues regarding non banking finance companies (NBFCs) has led banking and monetary regulator, Reserve Bank of India to form a working committee for the same. The committee would be catering to all issues related to NBFCs.

"We have formed a working group that is headed by Usha Thorat, former deputy governor, RBI which will look into various issues and problems faced by NBFC," said Shyamala Gopinath, deputy governor, RBI.

The major issue seems to be the demand made by NBFCs to RBI in order to define liberal guidelines for their entry into banking sector.

RBI has recently the capital adequacy ratio (CAR) requirement of deposit taking NBFCs to 15%.