The Reserve Bank of India's (RBI's) second amended direction on upper-layer NBFCs issued on Wednesday, has sparked hopes that Tata Sons could get a reprieve from its obligation to list on the bourses, ...
Mumbai: The Reserve Bank of India (RBI) on Thursday proposed allowing a wider set of market participants, including non-banking financial companies (NBFCs), housing finance companies (HFCs), All India ...
MUMBAI: Reserve Bank of India has rebuffed calls to raise the asset threshold for upper-layer NBFCs to Rs 2.5 lakh crore, sticking to Rs 1 lakh crore threshold—a decision that keeps Tata Sons, the ...
Revising the final norms for the registration of and exemptions to non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) on Wednesday mandated that NBFCs with an asset size of ₹1 ...
The Reserve Bank of India on June 24 announced a set of directions for upper-layer non-banking financial companies (NBFCs), which have overhauled the previous set of parametric scoring methodology.
The Reserve Bank of India (RBI) has overhauled the framework for identifying Upper Layer non-banking financial companies (NBFCs), replacing its existing parametric scoring methodology with a simpler ...
The former ICAI President, Ranjeet Agarwal stated that India will need over 30 lakh Chartered Accountants by 2047 — the centenary of India’s independence. Currently, ICAI has around four lakh members ...
BENGALURU, May 27 (Reuters) - Indian fintech firm MobiKwik (ONEM.NS), opens new tab is targeting a 50-billion-rupee ($522.5 million) loan book from its in-house non-banking financial company (NBFC) ...
IndiaGold, the gold-loan fintech operated by Flat White Capital, has turned profitable at the profit-after-tax (PAT) level in the current financial year and has also secured a non-banking financial ...
New Delhi: Taking a major action, the Reserve Bank of India (RBI) has cancelled the registration of 35 non-banking financial companies i.e. NBFCs. The actions was taken as these financial service ...
RBI cancels registration of 35 NBFCs: The Reserve Bank of India (RBI) has cancelled the certificates of registration of 35 Non-Banking Financial Companies (NBFCs) for non-compliance with regulatory ...