RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 29%In the initial phase of recovery, because every stock was beaten down, we may see a rally with good market breadth. But, over time, stocks ...
Noel, Chandra set to hold talks ahead of Tata Sons board meetTata Trusts chairman Noel Tata and Tata Sons chairman N Chandrasekaran will meet soon. They will discuss important issues before a key Tata...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
Instant ₹10,000 loan approval strategy: How to pick lenders offering the best interest ratesA ₹10,000 instant personal loan may look small on paper, but that doesn’t mean you should choose a lender casually.
RBI issues revised norms for entities dealing in forexThe Reserve Bank of India has introduced revised norms for foreign exchange dealings, ceasing the issuance of fresh licenses for money chan...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 31%If there is no negative development over the next few days, there is unlikely to be pressure on a large part of the market. It is, in fact,...
RBI draft for upper layer non-banks affects CICs disproportionately, raises compliances costsNew Reserve Bank draft on upper layer non-bank finance companies disproportionately impacts core investment companies by increasing complia...
TCS Nashik case escalates; Zepto’s road to IPOHappy Tuesday! TCS COO Aarthi Subramanian will head the investigation into a sexual harassment case at its Nashik unit. This and more in to...
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...
Tata Sons listing a ‘necessary evolution’, says Shapoorji Pallonji Mistry; seeks RBI clarityShapoorji Pallonji Mistry has again urged for Tata Sons to be listed publicly. He believes this move is a necessary step for the group's ev...
Like banks, leadership rotation rule may apply to large NBFCsThe matter was discussed at a meeting involving the RBI, government officials and representatives from the NBFC sector at the department of...
Liquidity risk bigger for NBFCs than asset quality, capital: RBI FSRUnder a baseline scenario projected for one year ahead, based on assumptions of business continuing under usual conditions the gross non pe...
RBI decision to allow NBFCs apply for Aadhaar-e-KYC Authentication Licence to promote digitisationRBI's initiative will help in improving trust levels among customers because only licensed entities will be permitted to conduct eKYC, said...
Muthoot Finance again has a chance to be a bank : George Alexander MuthootThe NBFC had applied for a banking license in 2013, but it got postponed and now the opportunity is back.
- RBI frames norms for NBFCs' overseas presence
Non-banking financial companies (NBFCs), planning to establish overseas presence, will have to comply with a new set of norms prescribed by...