NBFCs

MUMBAI: Reserve Bank of India on Tuesday issued detailed guidelines for acceptance of 'green deposits' by banks and NBFCs wherein the funds could be used for financing activities like renewable energy, green transport and green…

MUMBAI: Non-banking finance companies (NBFCs) that lend to small businesses will see $15 billion of investment, according to a report by Avendus. This growth is 10 times the deal flow this segment saw in the previous decade.According to the…

The Enforcement Directorate Friday said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals and as many NBFCs and some others in a money laundering probe linked to Chinese…

India’s Reserve Bank of India (RBI) Governor Shaktikanta Das. File | Photo Credit: Reuters The Reserve Bank of India (RBI) has unveiled “ Har Payment Digital” as part of Digital Payments Awareness Week (DPAW) 2023 to make every person in…

The Reserve Bank of India gave a list of apps, which were working with non-bank lenders registered with the central bank, to the government ahead of the ban imposed on some apps earlier this week, officials said on Wednesday. "We have given…

As per details, the RBI has alone issued over 27 regulatory updates specific to the NBFC sector in 2022. Also, a NBFC operating in a single state must comply with at least 621 compliances which involves over 35 one-time…

MUMBAI: A host of bond issues are hitting the retail market as non-banking finance companies (NBFCs) are looking to raise resources ahead of another rate hike.While NBFCs were the biggest recipients of incremental bank advances in 2022,…

While rising interest rates and tighter liquidity are giving negative signals for the financial sector, increasing economic activity could mean higher business volumes for lenders. Liquidity in the banking system has moved from Rs 8…

The non-banking financial company (NBFC) sector has been under the scanner since the 2018 Infrastructure Leasing & Financial Services (IL&FS) crisis when the industry lost some of the market share to banks in recent years. But the…

India has a huge untapped population which doesn’t have facilities for financial aid and insurance, and it is perhaps plausible to look at the option of having niche players catering to smaller sectors akin to non-banks and microfinance…