The Reserve Bank of India (RBI) on Friday tightened norms for Non Banking Financial Company-Peer to Peer (NBFC-P2P) Lending Platforms to improve the transparency and compliance.

In a bid to improve transparency, compliance the lending process further, the Reserve Bank of India (RBI) has reset norms for Non Banking Financial Company-Peer to Peer Lending Platforms (NBFC-P2P ...

NBFCs struggle to manage compliance obligations effectively as they have to comply with at least 621 compliances which involves over 35 one-time registrations and approvals. Here's how TeamLease ...

The Reserve Bank of India has put NBFCs and fintech players under the lens after a series of compliance failures came to light Anand Adhikari Print Edition: 14 Apr, 2024 ...

In the year 2023 alone, RBI issued an extensive list of over 100 circulars, notifications, and directives specifically for NBFCs, suggestive of the central bank’s proactiveness in addressing ...

The RBI has imposed a cumulative monetary penalty of INR 76.60 Lakh on four NBFC-P2P lending platforms – Faircent, LEO1, Finzy and Rang De.

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

NBFCs expect 15% growth in gold loan business despite RBI regulations, focusing on digital disbursements and risk management. RBI in March barred IIFL Finance from sanctioning gold loans For a ...

Find Rbi On Nbfc Latest News, Videos & Pictures on Rbi On Nbfc and see latest updates, news, information from NDTV.COM. Explore more on Rbi On Nbfc.

Although there were 9,443 RBI-registered NBFCs as of 31 March, the analysis is based on a sample of 205 firms that regularly submitted returns for all quarters from December 2020 to December 2022.

The Reserve Bank of India (RBI) had lately expressed concern about growth in non banking financial company (NBFC) loan books raising questions about systemic hygiene and the potential for a ...