Search For "non banking financial companies nbfcs"
RBI gives 3 more months to banks, NBFCs to comply with certain rules of ca
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 21 (ANI): The Reserve Bank of India (RBI) on Tuesday granted three months extension to banks and non-banking financial companies (NBFCs) to comply with certain provisions related to issuing credit and debit cards, including activation of cards without custo
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EnKash launches API suite to enable NBFCs launch their own cards
Updated : 3 years, 9 months ago IST
New Delhi [India], May 30 (ANI): Corporate spend management firm EnKash on Monday launched a card API suite that will enable non-banking financial companies (NBFCs), banks, and Fintech firms to launch their own card in a hassle-free manner.
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RBI cancels registration of five NBFCs due to irregular lending practices
Updated : 3 years, 9 months 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.
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Supreme Court ruling on NBFCs removes key regulatory overhang: CRISIL
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 16 (ANI): The recent ruling by the Supreme Court that underscores the primacy of the Reserve Bank of India (RBI) as the regulator and supervisor of the non-banking financial companies (NBFCs), has removed a key regulatory overhang, rating agency CRISIL said
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EOW of Delhi Police arrests one for duping NBFCs
Updated : 4 years, 1 month ago IST
New Delhi [India], February 14 (ANI): Economic Offences Wing of Delhi Police arrested an absconder on Friday for duping two Non-Banking Financial Companies (NBFCs).
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Power Finance Corporation, REC Limited cut lending rates by 0.40 per cent
Updated : 4 years, 1 month ago IST
New Delhi [India], January 19 (ANI): The government-run Non-Banking Financial Companies (NBFCs), Power Finance Corporation and REC Limited, have reduced their lending rates across all types of loans by 40 bps or 0.40 per cent, the Ministry of Power said on Wednesday.
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RBI introduces prompt corrective action framework for NBFCs
Updated : 4 years, 3 months ago IST
Mumbai (India), December 14 (ANI): The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies (NBFCs).
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Concerns re-emerge on retail loans asset quality due to increasing lockdow
Updated : 4 years, 10 months ago IST
New Delhi [India], Apr 24 (ANI): The rising Covid-19 cases has again raised concerns on asset quality of retail loans from non-banking financial companies (NBFCs) and housing finance companies (HFCs), , according to investment information agency ICRA.
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Loans of Rs 14.96 lakh crore sanctioned since launch of PM Mudra scheme
Updated : 4 years, 11 months ago IST
New Delhi [India], April 7 (ANI): More than 28.68 crore loans for an amount of Rs 14.96 lakh crore have been sanctioned by banks, Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) since the launch of Pradhan Mantri Mudra Yojana (PMMY), according to the Centre.
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Neutral-to-positive impact of RBI's draft circular on govt-owned NBFCs: In
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 23 (ANI): The Reserve Bank of India's (RBI's) recent draft circular on declaration of dividends by non-banking financial companies (NBFCs) will have a neutral-to-positive impact on government-owned NBFCs, India Ratings and Research (Ind-Ra) said on Wedn
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Sitharaman to review implementation of resolution framework for COVID-rela
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): The Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and Non-Banking Financial Com
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PM to interact with bank, NBFC stakeholders on Wednesday
Updated : 5 years, 7 months ago IST
New Delhi [India], July 28 (ANI): Prime Minister Narendra Modi will join stakeholders from banks and Non-Banking Financial Companies (NBFCs) to discuss and deliberate on vision and roadmap for the future on Wednesday evening.
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