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RBI Revokes and Restores Financial Licenses: A Shake-Up in the NBFC Sector
The Reserve Bank of India announced the cancellation of licenses for 17 non-banking financial companies (NBFCs), including ...
RBI-NBFC meet: Shadow banks seek new funding as bank credit tightens
The RBI, in its recent trend and progress report, stated that the reduction in NBFCs’ reliance on banks for funds bodes well ...
RBI asks NBFCs to become part of Unified Lending Interface for better financial inclusion
Reserve Bank of India Governor Sanjay Malhotra on Thursday asked Non-Banking Financial Companies (NBFCs) to become part of ...
Factbox-India's central bank begins unwinding curbs on NBFCs and banks
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) and banks after they improved ...
RBI Engages Nbfcs On Fair Practices, Financial Inclusion, & Lending Reforms
In a significant policy directive, Malhotra urged NBFCs to enhance their participation in financial inclusion initiatives, ...
Small account aggregators trip on a big bank issue in new twist
The NBFC-AA ecosystem works in a manner that banks, insurance companies and asset management firms, who have large client ...
Balance growth aspirations with sound practices, RBI Governor tells NBFC chiefs
RBI Governor emphasizes NBFCs' role in inclusive development, customer protection, and financial stability, urging ...
Shriram Finance raises $500m in ECB backed by Italian Exim bank
MUMBAI: Shriram Finance, the largest non-bank lender in terms of loan book and the flagship of the Chennai-based Shriram ...