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Non Banking Finance Companies Nbfcs
Business  /  Published 22.06.21

Assam prop for Bandhan

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...
By A Staff Reporter in Calcutta

Business  /  Published 16.06.21

NBFC-MFIs seek level playing field

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...
By A Staff Reporter in Calcutta

Business  /  Published 15.06.21

Uniform rules for MFIs

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.  ...
By PTI in Mumbai

Business  /  Published 12.06.21

Audit rules for HFCs

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. ...
By Our Special Correspondent in Mumbai

Business  /  Published 28.05.21

Stock up on jabs, RBI tells Centre

...
By Our Special Correspondent in Mumbai

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Business  /  Published 17.05.21

MSMEs: plea for loan relief plan

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...
By Our Special Correspondent in Mumbai

Business  /  Published 05.05.21

Banks ask RBI for 3-month loan moratorium

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...
By Our Special Correspondent in Mumbai

Business  /  Published 29.04.21

RBI panel seeks views on ARCs

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...
By Our Special Correspondent in Mumbai

Business  /  Published 28.04.21

Tighter auditor rules for banks

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 ...
By Our Special Correspondent in Mumbai

Business  /  Published 09.04.21

NBFCs on edge with Covid surge

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...
By Our Special Correspondent in New Delhi


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