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...
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All posts tagged "NBFCs"
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...
Banking
High contingency fund transfer hurts RBI’s dividends: An increased transfer to the contingency funds given the increase in RBI’s balance sheet size has led...
NBFCs
The Supreme Court of India has ruled in a case that NBFCs are not moneylenders under the Moneylenders Act. All the petitions from various...
NBFCs
The RBI has decided to implement certain principles, standards, and procedures for the compliance function in NBFC-UL (Upper Layer) and NBFC-ML (Middle Layer), while...
NBFCs
Non-banking finance companies have seen a positive, though modest growth of 5% in the third quarter of the current financial year in terms of...
Banking
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chaired a post-budget meeting with heads of banks, NBFCs and financial institutions in Mumbai on...
Banking
“The economic shock of the pandemic has been weathered well by the commercial banking system so far, even if some lagged impact is still...
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