Tag: non-banking finance companies
Posted in Economy
RBI rejects NBFC pleas on funds, norms tightening
Reserve Bank of India (RBI) has rejected non banking finance companies (NBFC’s) suggestion to exclude equity investment in the group entities from being referred to…
Posted in Economy
RBI’s ‘core company’ tag puts many promoter entities in a quandary
Mumbai: Many corporate groups are caught in a bind over a Reserve Bank of India (RBI) rule on their holding and strategic investment companies. While…
Posted in Economy
New labour codes weigh on BFSI sector’s earnings
Mumbai: India’s revamped labour codes, which have dented the third-quarter bottom lines of the $280-billion, globally tracked outsourcing industry, have also left their imprint on…