Mumbai (Maharashtra) [India], January 22 (ANI): The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer model in the fast-growing industry.
Mumbai (Maharashtra) [India], January 22 (ANI): Stock market regulator SEBI has imposed a penalty of Rs one crore on HDFC Bank for invoking securities pledged by BRH Wealth Kreators in violation of the regulator's interim directions.
New Delhi [India], January 19 (ANI): Non-banking finance companies (NBFCs) and fintech players have urged Finance Minister Nirmala Sitharaman to enhance the lending facilities by three to four years which were announced and extended by the Reserve Bank of India (RBI) during Covid-19 lockdown
New Delhi [India], January 16 (ANI): A number of petitions had been filed before the Supreme Court seeking its direction for initiation of contempt of court proceedings and punishing Reserve Bank of India Governor Shaktikanta Das, and others for allegedly and willfully violating the apex cou
New Delhi [India], January 16 (ANI): If there is any proposal of bad banks, the Reserve Bank of India (RBI) will examine the proposal, RBI Governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday.
New Delhi [India], January 16 (ANI): Bharatiya Janata Party (BJP) leader Kirit Somaiya on Friday informed that he has written a letter to the Enforcement Directorate (ED) and Reserve Bank of India (RBI) to check the role of Anand Adsul and his family in Punjab and Maharashtra Cooperative (PM
New Delhi [India], January 13 (ANI): Reserve Bank of India (RBI) has set up a Working Group to study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players so that an appropriate regulatory approach can be put in place.
Mumbai (Maharashtra) [India], January 12 (ANI): Equity benchmark indices were subdued during early hours on Tuesday due to drag in banking stocks after the Reserve Bank of India (RBI) said gross non-performing assets of the lenders may increase from 7.5 per cent in September 2020 to 14.8 per
Mumbai (Maharashtra) [India], January 11 (ANI): The Reserve Bank of India (RBI) on Monday informed that Indian banks' total gross non-performing assets (GNPAs) may rise to 14.8 per cent under a severe stress scenario by September 2021 compared with 7.5 per cent in the year-ago period.
Mumbai (Maharashtra) [India], January 8 (ANI): Government-owned Bank of India said on Friday that divergence in gross non-performing assets (GNPAs) as of March 2020 was at Rs 63 crore.
Mumbai (Maharashtra) [India], January 8 (ANI): Leader of Opposition in Maharashtra Assembly Devendra Fadnavis submitted a memorandum to Reserve bank of India Governor Shaktikanta Das, requesting easing of norms for funding under the Self-Redevelopment Scheme.
Noida (Uttar Pradesh)[India], January 6 (ANI/BusinessWire India): The Reserve Bank of India in its recent announcement has confirmed the commencement of testing under the first cohort of Regulatory Sandbox on Retail Payments by Eroute Technologies. Digital payments, which were believed to be