The Bandhan Bank scrip surged on the bourses on Monday on the back of an announcement by the Assam government last Friday to offer a relief package to bail out small-loan borrowers in the northeastern...

Non-bank microfinance companies (NBFC-MFI), which constitute 30.8 per cent of the overall microfinance credit portfolio, expect a level playing field with banks and small finance banks if the proposed...

The Reserve Bank on Monday proposed a uniform regulatory framework for the microfinance sector, wherein MFIs can provide collateral-free loans to households at board-determined interest rates.  ...

The Reserve Bank of India on Friday extended the risk-based internal audit (RBIA) system to certain housing finance companies (HFCs) in a bid to enhance the quality and effectiveness of their audits. ...

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Non-banking finance companies (NBFCs) have asked the Reserve Bank of India to extend the relief on working capital limits announced earlier this month to MSMEs as well. The RBI had announced a series...

Banks have urged the Reserve Bank of India to grant another loan moratorium for a period of three months to all borrowers in order to head off the prospect of loan defaults as the economy once again s...

The RBI committee on asset reconstruction companies (ARCs), which will review the existing legal and regulatory framework applicable to these entities, has invited views and suggestions from stakehold...

The Reserve Bank of India (RBI) on Tuesday  made it mandatory for commercial banks and urban cooperative banks (UCBs) to seek its approval before appointing auditors. The banking regulator also ...

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...