Reserve Bank of India (RBI) has cancelled the certificates of registration (CoR) of 36 non-banking financial companies (NBFCs ...
The Housing and Urban Development Corporation (HUDCO) has been registered as a Non-Banking Financial Company – Infrastructure Finance Company (NBFC-IFC) by the Reserve Bank of India (RBI). What ...
The ratings agency added that an expected softening in residential real estate sales growth (in value terms) across the top seven cities may also impact disbursements in the home loan segment. The ...
The proposal was outlined in RBI's monetary policy, and is expected to significantly ease operational constraints for gold loan lenders and accelerate their expansion plans.
On funding, NBFCs continue to depend primarily on bank borrowings and debentures. The Reserve Bank of India (RBI) has said that prospects for non-banking financial companies (NBFCs) in vehicle loans ...
These NBFCs flouted norms pertaining to charging of excessive interest and had resorted to undue harassment of customers, the RBI said In July last year, the ED had attached funds worth INR 940 Cr ...
In a bid to crack the whip on violations and foster compliance, the Reserve Bank of India (RBI) on Friday (August 16) modified the master directions (MD) for non-banking financial company-peer to peer ...
The credit extended by non-banking finance companies (NBFCs) has been rising over the years, underscoring their growing importance in financial intermediation and it increased to 15 per cent of Gross ...
Bharti Airtel will capitalise Airtel Money with Rs 20,000 crore to scale its NBFC, leveraging data-driven digital credit capabilities to expand trusted, inclusive financial services nationwide.
MUMBAI: (Feb 10) The RBI on Tuesday proposed to exempt non-deposit-taking non-banking financial companies, with an asset size of less than Rs 1,000 crore, from registration and classify them as Type-I ...
Jio Financial Services has invested Rs 1999.88 crore into its non-banking financial company (NBFC) entity Jio Credit, a regulatory filing says ...
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