Banking
The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) and non-banking financial companies (NBFCs) have remained below 3% of total advances as of...
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Banking Frontiers
All posts tagged "NBFCs"
Digital Transformation
A report from Redseer Strategy Consultants forecasts that by 2027, Unified Payments Interface (UPI) will lead 90% of payments in India, a testament to...
Digital Transformation
The Reserve Bank of India has issued new master guidelines encompassing ‘information technology governance’, along with risk management, control measures, and assurance processes for...
NBFCs
The Reserve Bank of India has announced the list of NBFCs in the upper layer under Scale Based Regulation for NBFCs for the year 2023-24. The...
Cooperative Banking
RBI’s supervisory systems have been strengthened significantly in recent years, said Shaktikanta Das, Governor, RBI, while announcing the monetary policy decision on Thursday. “We...
NBFCs
Mahesh Thakkar, the Director General of the Finance Industry Development Council (FIDC), has made three demands to Finance Minister Nirmala Sitharaman for review. In...
Banking
Many of the measures in Finance Minister Nirmala Sitharaman’s Union Budget 2023-24 have garnered wholehearted support from bankers, BFSI entities, trade chambers, and industry...
NBFCs
At the CII NBFC summit with the theme “Role of NBFC’s and HFC’s in driving sustainable GDP growth,” Dr Bhagwat Karad, Minister of State...
Banking
The RBI has released the 25th issue of the Financial Stability Report (FSR), which reflects the collective assessment of the sub-committee of the Financial...
NBFC
The Reserve Bank of India has cancelled certificate of registration (CoR) issued to five NBFCs on account of violation of the RBI guidelines on...
