PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
13 May, 2026, 06.08 PM IST
Over-leveraged borrowers put Rs 15,800 crore microfinance portfolio at riskMicrofinance has become a double-edged sword, with substantial debt levels amassing to about ₹15,800 crore among borrowers juggling multipl...
12 May, 2026, 12.50 AM IST
Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impactPaytm shares fell 8% after RBI cancelled Paytm Payments Bank’s licence but recovered sharply as brokerages stayed bullish. Analysts see lim...
27 Apr, 2026, 02.29 PM IST
Paytm shares crash 8% as RBI cancels Paytm Payments Bank's banking license. What lies ahead?Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to ...
27 Apr, 2026, 11.58 AM IST
RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upsideThe RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental operations and prejudiced manageme...
25 Apr, 2026, 11.55 AM IST
El Nino impact: Which stocks will burn & which will fire up as market braces for heat waveIndia faces a strong El Niño, threatening below-normal rainfall and impacting agriculture. While rural-linked sectors like two-wheelers and...
24 Apr, 2026, 09.35 AM IST
RBI gives operational flexibility to NBFCs for branch expansionThe Reserve Bank of India has eased rules for non-banking financial companies. NBFCs can now open branches without prior approval in most s...
15 Apr, 2026, 08.06 PM IST
RBI proposes upper layer NBFCs to be defined by absolute asset size of ₹1 lakh crore+Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classifi...
11 Apr, 2026, 07.04 AM IST
Axis Bank shares rise 2% as lender set to invest Rs 1,500 crore into NBFC arm Axis FinanceAxis Bank shares gained after the lender approved a Rs 1,500 crore capital infusion into its NBFC arm, Axis Finance. The move follows a pau...
18 Mar, 2026, 02.59 PM IST
Axis Bank to invest Rs 1,500 crore into consumer lending arm amid stake sale rethinkAxis Bank will invest Rs 1,500 crore into Axis Finance by March 2027. This cash infusion follows a strategic review after plans to sell a s...
18 Mar, 2026, 11.04 AM IST
RBI comes out with PCA framework for NBFCsThe RBI said," NBFCs have been growing in size and have substantial inter-connectedness with other segments of the financial system. Accord...
15 Dec, 2021, 06.06 AM IST
Maharashtra government announces strict Covid curbsThe state govt has said that PSU’s Private Banks, NBFC’s, Insurance, Mediclaim companies other central and state government offices will ha...
23 Apr, 2021, 10.09 AM IST
RBI caps banks' exposure to single NBFC at 20% of capital baseBank finance to NBFCs predominantly engaged in lending against gold will continue to be governed by limits prescribed in circular
12 Sep, 2019, 08.43 PM IST
NBFC cash loan against gold restricted to Rs 25,000The earlier provision for NBFC was that high value loans against gold of Rs 1 lakh and above must only be disbursed by cheque.
09 Mar, 2017, 08.46 PM IST
Reserve Bank of India removes curbs on NBFCs for sale of mutual fundsSKS Microfinance, Shriram Transport, Bajaj Finance and LIC Housing Finance will still have to follow Sebi guidelines for selling mutual fun...
01 May, 2015, 10.08 AM IST
- Banks struggle with RBI norms
RBI is close to firming up a policy that may virtually close the NBFC door for foreign and local banks.
02 Oct, 2006, 01.48 AM IST
- Barclays treks NBFC trail with Rank Investments acquisition
India’s non-banking finance companies (NBFC) segment appears to be increasingly attracting more foreign investors.
23 Aug, 2006, 02.08 AM IST