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 cancels 'certificate of registration' of four NBFCs

Oct 12, 2022

Mumbai (Maharashtra) [India], October 12 : The Reserve Bank of India (RBI) on Wednesday said it has cancelled the 'certificate of registration' of four...

RBI cancels Certificate of Registration of four NBFCs

Jul 12, 2022

Mumbai (Maharashtra) [India], July 12 : The Reserve Bank of India (RBI) said on Tuesday it has cancelled the Certificate of Registration of four...

RBI highlights NBFCs' high dependence on banks, calls for diversified funding

Dec 27, 2024

The Reserve Bank of India (RBI) has highlighted the need for Non-Banking Financial Companies (NBFCs) to diversify their sources of funding as a key...

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...

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...