With the RBI tightening its bands on NBFCs in the P2P space, the sector is evolving into a more transparent and stable environment. Yet, this isn't just about compliance; it’s about building ...

for non-compliance with certain directions issued by the central bank on ‘Managing Risks and Code of Conduct in Outsourcing of Financial Services by NBFCs’. The RBI said the penalties were ...

continues to be on the Reserve Bank of India’s (RBI) upper-layer non-banking finance companies (NBFC) list, even as the regulator examines the company’s proposal to deregister itself as a core ...

Mumbai: The Reserve Bank of India (RBI) on Thursday retained Tata Sons --- the principal holding company of the Tata Group --- in its list of 15 upper-layer non-bank financiers for FY25, but said ...

The RBI is evaluating Tata Sons' application for de-registration as an NBFC. Tata Sons aims to avoid listing by reducing its debt and declassifying as an NBFC-core investment company. RBI rules ...

Finance Minister Nirmala Sitharaman on Saturday announced rationalisation of TDS (Tax Deduction at Source) regime to ease compliance burden ... will increase the limit of TCS on remittances under ...

According to the RBI's 'Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs', NBFC-UL shall be mandatorily listed within three years of identification as NBFC-UL. The norms came ...