The second wave of the coronavirus pandemic poses a risk of asset quality and liquidity issues for non-banking finance companies (NBFC) and these challenges are likely to increase if recent restrictio...

Large industrial houses are unlikely to get the permission to set up a bank given the conditions set by the Reserve Bank of India (RBI). On Monday, the banking regulator had announced a five-member S...

...

The RBI has tightened the norms for investments from grey or blacklisted Financial Action Task Force (FATF) jurisdictions into non-banking finance companies (NBFCs) which could limit investments made ...

The Reserve Bank of India (RBI) on Wednesday announced a risk-based internal audit (RBIA) system for select non-bank lenders and urban co-operative banks (UCBs) to enhance the quality and effectivenes...

The proposals made by Reserve Bank of India (RBI) in its recent discussion paper on tightening real estate funding by non-banking finance companies (NBFCs) would significantly restrict land financing ...

Blackstone-backed Aadhar Housing Finance Ltd (AHFL) has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise Rs 7,300 crore through an initial public offering (IPO). The...

The Reserve Bank of India (RBI) on Friday proposed a four-layered regulatory structure for non-banking financial companies (NBFCs) with a progressive increase in the intensity of regulation leading to...

Among the Sensex players on Monday, Bajaj Finance fell 3.44 per cent to Rs 4,713.60, Bajaj Finserv lost 3.21 per cent to close at Rs 8,354.40, while HDFC declined 2.49 per cent to Rs 2,566.40. In Mond...

The Union cabinet on Wednesday approved a previously announced job scheme that seeks to encourage businesses to hire new employees. Under the Rs 22,810-crore scheme, the government will provide for t...