However, at this stage a disorderly unwinding of these imbalances appears unlikely. 7. Conclusion  Currently the world economy is characterised by generally strong growth and low inflation. This favourable scenario has also benefited emerging markets, which are now starting to play a larger and more crucial role in the global economy.
Needless to say, noncompliance to the roadmap could invite adverse regulatory action. Harmonising Deposit Acceptance Regulations 14. Deposit acceptance by NBFCs is a legacy activity and no new NBFC has been given the licence to accept deposit since 1997.