Practice is currently followed by some large non-banking finance companies ...

The RBI has addressed some common grievances of credit card users in its recent circular. Here’s a closer look...

How would these institutions pay the extra interest at a time when bigger commercial banks are finding it difficult to channelize collected deposits?...

Objection over views of the erstwhile management not being considered...

Under the reorganisation plan, Shriram Capital Ltd (SCL) will be merged with Shriram City Union Finance (SCUF)...

The move could have prompted the RBI to trigger its powers to supercede the board of directors of Srei Infrastructure Finance and Srei Equipment Finance...

The whistleblower has reportedly written to the RBI alleging that the penalty was in return for not taking any regulatory or legal action...

Nidhi companies are non-banking finance entities that are into lending and borrowing with their members...

Three out of them started trading with a cut on their listing days while two others slipped below their issue prices in subsequent sessions...

The Assam government last Friday offered a relief package to bail out small-loan borrowers in the northeastern state...