RBI proposes revised regulatory framework for NBFCs

Jan 22, 2021

Mumbai (Maharashtra) [India], January 22 : The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and...

Supreme Court ruling on NBFCs removes key regulatory overhang: CRISIL

May 16, 2022

Mumbai (Maharashtra) [India], May 16 : The recent ruling by the Supreme Court that underscores the primacy of the Reserve Bank of India (RBI)...

RBI imposes monetary penalty on three NBFCs for non-compliance with directives

Sep 14, 2024

The Reserve Bank of India (RBI) has imposed monetary penalties on three non-banking financial companies (NBFCs) for regulatory lapses and non-compliance with various RBI...

Kanimozhi writes to Sitharaman to consider waving interest on loans taken by women SHGs for moratorium period

Jun 25, 2020

New Delhi [India], June 25 : DMK MP Kanimozhi Karunanidhi wrote to Union Finance Minister over the COVID-19 Regulatory Package by the Reserve Bank...

RBI Governor meets NBFC, HFC heads; advises them to be alert, avoid complacency

Aug 25, 2023

Reserve Bank of India Governor Shaktikanta Das held a meeting on Friday with the heads of select large Non-Banking Financial Companies (NBFCs), including government...

RBI warns NBFCs: Avoid algorithm-based credit

May 16, 2024

Addressing a conference of heads of assurance of NBFCs held in Mumbai, Swaminathan J, Deputy Governor, RBI said that many NBFCs are increasingly turning...