NonBanking

Banks have ceded the unified payments interface space to non-banks, Reserve Bank of India deputy governor T Rabi Sankar has said. Sankar also said the RBI was considering more use cases for the expansion of the central bank digital currency…

Non-banking financial firm Five Star Business Finance's initial public offering (IPO) worth ₹1,960 crore is set to open today for bidding for the next two days. The Non Banking Financial Company has fixed the IPO price band at ₹450 to…

The changes have been made to the October 2021 circular titled “Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs", in terms of which a Large Exposure Framework (LEF) is prescribed for NBFCs in the Upper Layer.…

<!-- -->RBI has asked a select few NBFCs to appoint ombudsmanReserve Bank of India (RBI) has directed a select few non-banking finance companies (NBFCs) to appoint an internal ombudsman to head their respective internal grievance…