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...
Hi, what are you looking for?
Banking Frontiers
All posts tagged "NBFCs"
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...
NBFCs
Eight NBFCs including Morgan Stanley India Securities and housing finance company (HCF) Indie Homefin have surrendered their Certificate of Registration (CoR) to the RBI....
NBFCs
Many NBFCs have used the pandemic to reinvent their business models, realising the power of data analytics and big data in business applications. In...
NBFCs
The Reserve Bank of India has issued the Prompt Corrective Action (PCA) framework for non-banking financial companies (NBFCs). It will come into effect from...
Articles
For the past few years, RBI has been applying pressure on the Indian banking system to adopt KYC-AML monitoring solutions. In fact, earlier this...
