Banks avoid NBFC lending, take 50% of RBI’s refinance Azlyrics Published: April 24, 2020 Categories: Lyrics Tags: NBFC · RBI Small non-banking finance companies continued to be shunned by banks, which availed only half of the Rs 25,000-crore refinance offered by the RBI for lending to NBFCs. This was despite the RBI’s attempt to improve the market for long-term bonds.