Welspun Corp has received a new order in the US. (Image/Canva) The non-banking financial companies (NBFCs) have stepped up their purchases of short-term government securities to comply with liquidity ...
The Reserve Bank of India has updated its classification norms for NBFCs in the Upper Layer, including government-owned ones, ...
Amid industry calls to allow more NBFCs to accept public deposits, Reserve Bank of India Deputy Governor M Rajeshwar Rao said it is “indeed the non-acceptance of public deposits” by NBFCs which gives ...
The Reserve Bank of India (RBI) proposed key regulatory relief for select NBFCs. The Reserve Bank Governor said that the scale-based regulatory framework for NBFCs envisages differential regulatory ...
Any NBFC, which has an asset size of over Rs 1 lakh crore, will be considered as an upper layer NBFC now.
Reserve Bank of India has reduced the risk weights on bank loans to non-banking finance companies and microfinance loans. (Photo: Bloomberg) The business environment is set to turn favourable for ...
Over 4,000 NBFCs failed to register on FINnet2.0 portal Non-compliance exposes financial system to money laundering risks FIU-IND reviews non-compliant NBFCs quarterly for updates Did our AI summary ...
In recent years, the way we handle money and investments has changed a lot. More people are investing in mutual funds, shares, and bonds. But did you know that you don’t have to sell these investments ...
Indian financial reforms aim for a deep, stable, commercially viable financial sector that can safely and efficiently finance development with inclusion. The liberalisation that started in the 1990s ...
Today in India, artificial intelligence is no longer a distant frontier; it is rapidly becoming an integral part of every sector of the economy. From agriculture, healthcare, and logistics to energy, ...