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These directions apply to project finance exposures of all Commercial Banks (including Small Finance Banks but excluding Payments Banks, Local Area Banks, and Regional Rural Banks), all Non-Banking ...
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 ...
Over 81% of MSMEs Expect Revenue Increase in the Next 1-2 Years BENGALURU, India, June 27, 2025 /PRNewswire/ -- Kinara ...
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 ...
Flipkart secures RBI’s NBFC licence, becoming India’s first e-commerce lender. Loans and credit services to launch via Super.Money UPI app.
During FY24-25, the central bank says, the office of RBI Ombudsman (ORBIOs) received 296,000 complaints, compared to 293,000 complaints during FY23-24, showing a marginal increase. "Complaints were ...
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 ...
Bangalore (Karnataka) [India], May 7: Vymo, the Sales Engagement Platform trusted by over 350,000 financial sales people globally, has launched CollectIQ, marking its formal entry into the debt ...
This NBFC awaits RBI approval for expansion in international markets Meanwhile, Equity benchmark indices Sensex and Nifty declined in early trade on Thursday amid profit-taking after a seven-day ...
Non-banking finance companies (NBFCs) must adopt a prudent approach in risk-taking, and never take risks beyond their absorption capacity, Reserve Bank of India’s (RBI) Deputy Governor ...
New Delhi [India], March 15 (ANI): The fundamentals of Non-Banking Financial Companies (NBFCs) are showing signs of improvement as macroeconomic challenges ease and the Reserve Bank of India (RBI ...
India's banking regulator RBI imposed ₹ 76.6 lakh penalty on four NBFCs over non-compliance issues in its peer-to-peer lending platform on March 7. PTI Published 8 Mar 2025, 04:52 PM IST ...