DFS to discuss NBFC-to-bank conversion

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Government officials will meet top non-banking financial company executives on Thursday. The discussion will focus on sector issues. A key topic is the possibility of NBFCs converting into full banks. This aims to boost financial inclusion under the Viksit Bharat Mission 2047. Capital availability and liquidity for NBFCs will also be reviewed. Suggestions on RBI's IWG report may be sought.