Reserve Bank of India (RBI), on Thursday, released a list of 15 NBFCs (non-banking finance companies) that will be in the 'upper layer' for the fiscal year 2024, as a part of its scale ...

The Reserve Bank of India (RBI) on Friday reduced the qualifying asset threshold for non-banking financial companies – microfinance institutions (NBFC-MFIs) to 60% from 75%, in a boost to the ...

The Reserve Bank of India (RBI) has imposed monetary penalties on three non-banking financial companies (NBFCs) for regulatory lapses and non-compliance with several RBI directives. The penalties ...

India Business News: NEW DELHI: The Reserve Bank of India (RBI) imposed penalties totalling Rs 54.78 crore on regulated entities (REs) during the fiscal year ending March .

The Reserve Bank of India’s evolving regulatory stance signals a transformative phase for the NBFC sector—one that goes beyond compliance and nudges us toward a more proactive role in driving ...

The Reserve Bank of India (RBI) imposed 353 penalties totalling Rs 54.78 crore on regulated entities (REs) for non-compliance with various statutory provisions and directions during the financial ...

India Business News: MUMBAI: RBI is looking to introduce interest rate rules for non-banking finance companies similar to those that govern banks. The goal is to improve h.

RBI cuts qualifying asset threshold for NBFC-MFIs to 60%, enabling portfolio diversification. New norm aligns with microfinance loan definition ...

Flipkart to begin direct lending with NBFC license from RBI The move could pave the way for Flipkart to offer loans directly to customers. Press Trust of India 10515 Stories.

Flipkart secures RBI’s NBFC licence, becoming India’s first e-commerce lender. Loans and credit services to launch via Super.Money UPI app.

The RBI plans to relax key provisions in its gold loan framework after industry feedback. The final rules aim to boost credit access for small borrowers while tightening compliance for larger loans.

Flipkart secures RBI's NBFC licence, allowing it to offer loans directly to customers and sellers. This move marks a major shift in India's e-commerce and fintech landscape.