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...
RBI proposes to include PSUs in upper-layer NBFCsAs per the draft 'Reserve Bank of India (Non-Banking Financial Companies' Registration, Exemptions and Framework for Scale Based Regulation...
RBI says new NBFC classification at the end of monthThe Reserve Bank of India is set to unveil a new framework for categorizing Non-Banking Finance Companies (NBFCs) into upper, middle, and b...
Shapoorji Pallonji Group calls for RBI support on Tata Sons public listingThe Shapoorji Pallonji Group has formally requested the RBI to support a public listing of Tata Sons, emphasizing its potential benefits fo...
RBI evaluates Tata Sons’ request to shed core investment company statusThe Reserve Bank of India is considering Tata Sons' request to de-register from the list of core investment companies under NBFC-UL norms. ...
Tata Sons repays Rs 20,000-crore debt in bid to stay privateAs a core investment company that borrows funds from banks and markets to invest in group companies, Tata Sons was classified by the RBI as...
Tata Group seeks RBI waiver to avoid listing NBFC: ReportTata Group has requested a waiver from the Reserve Bank of India to avoid listing its holding company and non-banking finance firm, Tata So...
Tata Sons charting new path to sidestep Dalal StreetTata Sons net debt as of September last year was ₹15,200 crore, according to rating company Crisil. Tata Sons has substantial, stable incom...
Tata Capital may launch IPO in 2025, seek Jio Financial-like valuation: ReportAs per the RBI guidelines, an ‘upper-layer’ NBFC must list within three years of being notified. On September 14, 2023, the Reserve Bank of...
Shanghvi Finance exits RBI's upper layer NBFC listA total of 15 NBFCs are part of the list, down from 16 when the RBI first released it in September 2022. The RBI did not give any reason fo...
RBI releases list of 15 NBFCs in 'upper layer' under scale based regulationsThe Reserve Bank of India has released a list of fifteen NBFCs that fall under the "upper layer" in the scale-based regulation for the fina...
Bajaj Housing Finance seeks more time to list on boursesThe request was made during a meeting on Friday of top NBFC executives with RBI governor Shaktikanta Das, deputy governors M Rajeshwar Rao ...
Tata Sons looks to shed its 'Upper Layer NBFC' tagUnder RBI guidelines, NBFC-ULs have to implement a board-approved policy for adopting the enhanced regulatory framework applicable to them ...
RBI categorises 16 large financial entities as upper-layer NBFCsThe detailed set of norms provides for a Scale Based Regulation (SBR) framework that takes into consideration capital requirements, governa...
RBI issues standard assets provisioning norms for upper-layer NBFCsEarlier in April, the regulator capped aggregrate exposure of NBFCs which are in the upper layer toward one entity at 20% of capital base.
Proposed NBFC norms may strengthen their balance sheets: Moody'sLast week, RBI released a discussion paper which proposed a scale-based regulatory approach linked to the systemic risk contribution of sha...
RBI proposes scale-based regulations for shadow banks"Higher risk appetite of NBFCs has contributed to their size, complexity and interconnectedness making some of the entities systemically si...