Showing results for "#NBFC"
RBI's punitive actions will keep NBFCs on the edge
The RBI’s recent action clearly indicates that it has zero tolerance for persistent regulatory non-compliance/mis-governance.
RBI issues directions on Internal Ombudsman rules for banks, NBFCs
30 Dec 2023 3:18 AMThe directions are aimed at bringing in uniformity in matters such as timeline for escalation of complaints to the IO
Piramal to adjust Rs 3,164 cr AIF exposure to comply with new RBI...
21 Dec 2023 11:19 AM“Of the remaining Rs 3,164 crore, Rs 1,737 crore worth of downstream investments have been made by the AIF into three entities that are (or were in...
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
18 Dec 2023 9:39 AMAs many as 176 of these cases involving fines of Rs 14.04 crore pertained to cooperative banks
Paytm expands credit distribution business, extends higher ticket...
6 Dec 2023 1:19 PMPaytm continues to focus on merchant loans that are lended to MSME as business loans. Given that these loans are extended for business purposes to...
Customer data with account aggregators safe in India: FM
24 Nov 2023 1:30 AMBut there is room to simplify tech that could hasten the pace of the AA scheme
Tougher unsecured loan norms for sustainability: RBI Guv
23 Nov 2023 1:30 AMThe ‘preemptive’ move has left out vehicle, home loans and lending to small businesses due to the growth benefit such segments portend
Weakening Chinese growth prospects will weigh on commodities
21 Nov 2023 7:04 AMFinancials, particularly NBFCs, beaten down by the RBI decision to hike the risk weightage on unsecured loans present long-term buying opportunity, he...