Tag: NBFCs
NBFCs: RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley
As Reserve Bank of India (RBI) on Thursday sought action against four Non Banking Financial Companies asking them to cease and desist from making new…
ICRA: Securitisation volumes likely to reach Rs 60,000 crore in September quarter: ICRA
Loan securitisation volumes of standard assets touched Rs. 60,000 crore in the September quarter, domestic rating agency ICRA has estimated. Securitisation grew 36% sequentially and…
Loans to industry, agri pick-up, while retail and services loans slow
Credit growth was flat at 15 percent in August compared to same period last year levels according to the data on sectoral deployment of bank…
RBI cancels registration of four NBFCs, accepts surrender of registration from 13 others
The Reserve Bank of India (RBI) has taken significant action against non-banking financial companies (NBFCs) by cancelling the certificate of registration for four firms and…
RBI urges vigilance on home equity, top-up loans amid rapid growth
The Reserve Bank of India (RBI) today called on banks and non-banking financial companies (NBFCs) to closely monitor the end-use of funds for home equity…
RBI lays down regulatory principles for credit risk models
The Reserve Bank of India said on Monday that the entities it regulates will have to abide by certain broad principles when employing various credit…
Adani Super app launches digital lending trials with fintechs and NBFCs: What we know
Aug 02, 2024 09:17 AM IST Adani One has established a partnership with KrazyBee Services- the NBFC subsidiary of the fintech company KreditBee- to offer…
rbi: RBI urges caution on rising personal loans, tells Banks & NBFCs to look for signs of nascent stress – The Economic Times Video
rbi: RBI urges caution on rising personal loans, tells Banks & NBFCs to look for signs of nascent stress – The Economic Times Video |…
Quick, easy personal loans may become difficult now as RBI tells banks, NBFCs to be more careful
Getting quick and easy personal loan will get difficult for more and more borrowers in coming days as RBI has cautioned banks and NBFCs against…
ekyc aggregator: UIDAI, NPCI to set up eKYC aggregator
Thousands of regulated entities in the financial sector stand to benefit from a KYC plan in the works. The Unique Identification Authority of India (UIDAI)…