India's central bank has redefined systemically important NBFCs, setting a new asset threshold of ₹1 lakh crore for upper-layer companies. ...

The Reserve Bank of India is implementing stringent rules for banks and financial entities using Artificial Intelligence. A new draft frame...

Borrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...

The Reserve Bank of India has cancelled registration certificates for several non-banking financial companies and core investment companies...

As per the RBI guidelines, an ‘upper-layer’ NBFC must list within three years of being notified. On September 14, 2023, the Reserve Bank of...

The Reserve Bank of India has revised its guidelines for Infrastructure Debt Fund-NBFCs (IDF-NBFCs) to enable them to play a greater role i...

At a meeting with fintech firms, RBI governor Shaktikanta Das reiterated that the central bank would continue to adopt a 'participative and...

This is a shift for the digital lending industry, which has largely focused on growing the lending-distribution platform to show scale and ...

The guidelines shall be effective for declaration of dividend from the profits of the financial year ending March 31, 2022 and onwards. The...

As per the new norms, banks will be required to take prior approval of the RBI for appointment or reappointment of statutory auditors on an...

'RBI has done the absolutely right thing by keeping interest rates low and by maintaining the accommodative policy'

SKS Microfinance, Shriram Transport, Bajaj Finance and LIC Housing Finance will still have to follow Sebi guidelines for selling mutual fun...

Mahindras said they will not be applying for a bank licence citing "disadvantageous" and unclear norms.

The Reserve Bank of India (RBI) has shut a loophole in the non-banking finance company (NBFC) regulations which individuals exploited to es...

Non-banking financial companies (NBFCs), planning to establish overseas presence, will have to comply with a new set of norms prescribed by...

NBFC structure allows the market players like banks to provide certain financial services, which otherwise, they may not be able to pursue ...

Cholamandalam DBS Finance has moved the Reserve Bank of India (RBI) to convert itself into a non-deposit non-banking finance company.