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RBI plans to tighten scrutiny of large NBFCs by upgrading its regulatory policies

"This regulatory regime based on the principle of proportionality warrants a review. It is felt…

PTI   


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Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners

Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners

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OPINION: How new age NBFCs are changing the small ticket business loan landscape in India

As of March 2021, India’s total lending market size stood at ₹156.9 lakh crore, recording around 10…

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RBI bats for borrowers, releases guidelines to prevent lenders from levying penal interest on loan defaults

The Reserve Bank of India (RBI) has released guidelines instructing lending institutions to clearly…

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Home buying sentiment to weaken but new supply is kicking in say analysts

In the meanwhile, buoyed by the pandemic-induced demand and falling inventory, real estate d…

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NBFCs seek setting up of permanent refinance window in Union Budget

Mumbai, Jan 28 () Non-banking finance companies (NBFCs) have sought setting up of a permanent refin…

PTI   


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RBI asks banks, NBFCs to carry out money laundering risk assessment periodically

This requires its regulated entities (REs) to carry out ML and TF risk assessment exercise periodic…

PTI   


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Shaktikanta Das has to do a juggling this policy-- to match food inflation with a slowing economy

In five reductions so far in 2019, interest rates have been lowered by a total of 135 basis poi…

PTI   


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Home loans up to ₹20 lakh may get cheaper and easier

The central bank is hoping that these measures would revive demand for homes as well as ​for invest…

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COVID-19: SIAM seeks GST rate cut, incentive based scrappage policy to revive auto sector

Besides, it has also asked to expedite release of all pending payments to vehicle manufacturers an…

PTI   


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Fintechs are heralding a new era for Indian banking and finance sector

Similarly, Zerodha and Rupeevest are making the process of investing in equities and other financia…

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Google has removed 2,500 fraudulent loan apps from its Play Store, says FM

The matter is also regularly discussed and monitored in the meetings of the Financial Stability…

PTI   


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RBI firmly focused to bring down inflation to 4%: Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Tuesday said the central bank is firmly focused on bringin…

PTI   


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Muhurat Trading Samvat 2080: It's a bright start for Indian stocks

It's a bright start to Samvat 2080 for Indian stocks. Benchmark indices soared substantially to bri…

ANI   


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Deal Tracker: PE investments fall by 30% to $1.7 bn in September quarter, BFSI rules the roost

The September quarter of 2023 saw a total of 40 deals valued at $1.7 bn, which is a fall of 30% in …

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World Bank praises India's digital infrastructure for its transformative potential

"The India stack exemplifies this approach, combining digital ID, interoperable payments, a dig…

PTI   


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Deposit rates rise faster than lending rates in March 2023: CareEdge

In March 2023, both lending and deposit rates rose, but the rate of increase was faster for the dep…

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MSME sector is on a strong growth trajectory post the pandemic: SBI Research

MSMEs have shown resilience to bounce back from the pandemic-induced slowdown, with credit growth t…

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India’s microfinance loan portfolio stands at ₹3 lakh crore with 6 crore unique borrowers

The Indian microfinance loan industry today serves 6 crore unique borrowers having 11.8 crore loan …

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OPINION: Green finance — need of the hour for net-zero transition — is gaining momentum in Indian economy!

In addition to the government and companies, there is increased interest from banks, NBFCs, venture…