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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 ...
RBI slaps Rs 54.78 crore in penalties on banks and NBFCs for compliance lapses in FY25 TOI Business Desk / TIMESOFINDIA.COM / Jun 01, 2025, 14:49 IST Reserve Bank of India's (RBI) ...
In short, RBI’s evolving stance is not just a compliance framework—it’s a catalyst for NBFCs to lead India’s journey toward inclusive, resilient, and sustainable financial growth. Siddharth Maurya, ...
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 ...
RBI also wants to overhaul how it supervises NBFCs broadly. One change involves reviewing its risk-based approach to monitoring compliance with anti-money laundering rules.
The RBI has reduced the qualifying asset threshold to 60% (net of intangible assets) from 75% of total assets for NBFC-MFIs (non-banking finance company – microfinance institutions), allowing ...
Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. The nod came in March this year, according to sources.
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.