Tag: NBFCs
RBI pushes banks, NBFCs to own data risks across third parties
MUMBAI: The Reserve Bank of India (RBI) has proposed stricter governance standards for data shared with third-party service providers, requiring regulated entities to ensure that…
RBI Deputy Guv pushes for meaningful, fair grievance redressal
MUMBAI: Reserve Bank of India Deputy Governor Swaminathan J urged internal ombudsmen (IOs) to provide a meaningful, fair and effective resolution of customer complaints. In…
PhysicsWallah revises lending strategy, to partner with NBFCs for student loans
Days after revealing that it had infused Rs 120 crore in its wholly-owned subsidiary FinZ Partners to ramp up its loan play, edtech platform PhysicsWallah…
Good trade deal with US will ease pressure on our current account: RBI Guv Sanjay Malhotra
New Delhi: Reserve Bank governor Sanjay Malhotra Thursday exuded confidence about India clinching a good trade deal with the US, which should ease pressure on…
Growth Uncapped: NBFCs can tap a billion dollars or more in ECBs
MUMBAI: The Reserve Bank of India’s (RBI) proposed relaxation on foreign currency borrowing is expected to boost the prospects of well rated non-bank finance companies…