Non-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June...

Non-banking finance company credit grew 14.4 percent year-on-year in June. Retail loans saw the fastest expansion, increasing by 20.3 perce...

State Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupe...

Tata Investment Corp and Tata Chemicals shares rallied up to 7% after the RBI classified Tata Sons among the 16 upper-layer NBFCs, reviving...

Tata Sons is now an upper-layer NBFC, requiring its stock market listing. The Reserve Bank of India is reviewing its deregistration applica...

The Reserve Bank of India has placed Tata Sons under intensified regulatory oversight. This designation will not influence its ongoing bid ...

Brij Bhushan Sharan Singh, at a felicitation programme after his acquittal by a Delhi court, said the sexual harassment allegations were po...

Britain has approved Paramount Skydance's significant acquisition of Warner Bros Discovery. The government cleared the deal after receiving...

The Reserve Bank of India has classified Tata Sons as an Upper Layer NBFC. This classification follows revised norms for financial companie...

Nandan Nilekani says large corporations may shed more jobs due to automation, while small enterprises will create new employment. India's f...

Tata Sons may face renewed pressure to list if the RBI classifies it as an upper-layer NBFC under revised principle-based norms. Governor S...

The Reserve Bank of India will soon release a list of upper-layer NBFCs. New principle-based regulations will classify these financial comp...

Shapoorji Pallonji Group secured significant funding through debt issuance. This refinancing effort attracted both domestic and global inst...

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 has boosted lending limits for top infrastructure finance firms, allowing them to extend up to 45% of their capit...

In a circular, Reserve Bank of India (RBI) said it has been decided that NBFCs - Middle Layer and NBFCs - Upper Layer with 10 and more 'fix...

"Higher risk appetite of NBFCs has contributed to their size, complexity and interconnectedness making some of the entities systemically si...