Search For "lending practices"
'Chartered Accountant and NBFC Advisor Manish Mishra Unveils "Sahukari to
Updated : 1 year, 1 month ago IST
New Delhi [India], May 6: Esteemed NBFC (Non-Banking Financial Company) advisor and Chartered Accountant, Manish Mishra, Founder of GenZCFO, and CA Manoj Singh, today announced the launch of his highly anticipated book, "Sahukari to Digital Lending: A Comprehensive Guide to India's Evolving
Read More
L&T Finance Launches the 'LTF Pearl Anniversary Challenge' Hackathon t
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], March 25: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced the launch of the 'LTF Pearl Anniversary Challenge,' a hackathon focused on developing innovative models to enhance credit assessments for
Read More
"Don't think that Maldives can prosper without...India": Former President
Updated : 1 year, 2 months ago IST
Nasheed's comments come as the Maldives faces a mounting debt crisis, exacerbated by China's lending practices and trade policies.
Read More
China's lending practices push Maldives toward sovereign default
Updated : 1 year, 2 months ago IST
The Maldives is grappling with a mounting debt crisis that threatens its economic sovereignty, as foreign exchange reserves dwindle to precarious levels while substantial debt repayments loom.
Read More
RBI may act against more NBFCs to check obscure lending practices: Morgan
Updated : 1 year, 7 months ago IST
Reserve Bank of India's (RBI) Thursday action against four NBFCs and asking them to cease and desist from making new loan sanctions and disbursements, a report by Morgan Stanley suggests more lending companies might face similar scrutiny.
Read More
ROSHI Unveils Comprehensive Report on the Future of Digital Lending, Highl
Updated : 1 year, 8 months ago IST
Singapore, October 2: Singapore-based fintech ROSHI has released an extensive report analysing the future of digital lending, focusing on global trends expected to shape the industry in 2025 and beyond. The report provides in-depth insights into the transformative impact of technology on the
Read More
RBI directs review of unfair interest practices by financial institutions
Updated : 2 years, 1 month ago IST
According to RBI, the directive, effective immediately, aims to address concerns over certain unfair practices observed during RBI's onsite examination of regulated entities (REs) for the period ended March 31, 2023.
Read More
RBI cancels registration certificate of Acemoney (India) Ltd due to irregu
Updated : 2 years, 1 month ago IST
The decision to revoke the CoR was made in light of the company's violations of RBI guidelines on risk management and code of conduct in outsourcing financial services, particularly in its digital lending operations conducted through various third-party apps.
Read More
RBI's regulatory move: S&P Global Ratings forecasts 60 basis points de
Updated : 2 years, 6 months ago IST
According to S&P Global Ratings, these actions include a substantial increase in risk weights on unsecured personal loans, credit cards, and loans to nonbank finance companies (NBFCs), aiming to curb riskier lending practices and bolster overall financial stability.
Read More
RBI issues new guidelines for fair lending practices
Updated : 2 years, 9 months ago IST
The RBI's move comes as part of its ongoing efforts to ensure that borrowers are treated fairly and to address customer grievances arising from divergent practices in the imposition of penal charges.
Read More
RBI cancels registration of five NBFCs due to irregular lending practices
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 25 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has cancelled the Certificate of Registration (CoR) of five Non-Banking Financial Companies (NBFCs) due to irregular lending practices.
Read More
China aiding militarization in African countries through loans
Updated : 4 years ago IST
Beijing [China], May 9 (ANI): The Chinese loans in Africa, which are widely seen as extensions of the country's debt-trap diplomacy are being used by the recipient countries not just for infrastructure spending, but also for militarization, with defence companies from China being one of the
Read More