The Reserve Bank of India (RBI) appears to be moving toward stopping gold loan companies from handing out cash as loans against pledged gold. RBI had earlier put a
To strengthen the NBFC sector, a finance ministry-appointed committee has suggested that non- banking finance companies should be allowed to recover bad loans in line with banks by bringing them
The Reserve Bank today asked all non-banking finance companies (NBFCs) to revise their fair practices code (FPC) norms with prior approval of their boards within a month. "The NBFCs may
The Reserve Bank has cancelled registration certificate of three Chennai-based non-banking financial companies (NBFCs) on various grounds. RBI according to separate notifications has cancelled the licences of three
NBFCs line up more retail bonds as equity loses faith
Amidst concerns in the regulatory-driven sectors such as power, there are opportunities in a slew of sectors in India, ranging from e-commerce, IT and IT-enabled services, NBFC, healthcare, insurance and
The Reserve Bank today announced guidelines for permitting banks and Non Banking Financial Companies (NBFCs) to set up Infrastructure Debt Funds (IDFs), to help meet long-term financing for the sector.
CitiFinancial Consumer Finance India hopes to sell retail mortgages and personal loans worth Rs 4,500 crore to non-banking financial companies and banks over the next two years. The non-banking arm
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