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RBI NBFC APPROVAL
MobiKwik shares jump 4% as RBI approves NBFC licence; co targets Rs 5,000 crore loansMobiKwik shares gained on Friday after the RBI granted its subsidiary a licence to operate as an NBFC, enabling the fintech company to ente...
Equitas Small Finance Bank shares jump 9% after Balaji Nuthalapadi’s appointment as interim CEOThe bank further said that appointment of Nuthalapadi as interim CEO, consequent to the resignation of P. N. Vasudevan as the MD & CEO, sha...
NBFCs redesign lending models ahead of revolving credit curbsNon-banking financial companies are innovating loan products to align with upcoming Reserve Bank of India guidelines. These guidelines aim ...
Noel Tata seeks board scrutiny of SP Group's Rs 25,000 crore exit plan, Tata Sons restructuringNoel Tata has asked the Tata Sons board to examine Shapoorji Pallonji Group's Rs 25,000-crore funding proposal through a capital reduction ...
Noel Tata sends two letters over SPG's Rs 25,000 crore request and to evaluate merger options to avoid D-St listingNoel Tata sends two letters to Tata Sons Board today: to examine a Rs 25,000 crore funding request from minority shareholder Shapoorji Pall...
Equitas SFB shares tumble 27% in 2 days on CEO exit. More pain ahead?Equitas Small Finance Bank shares plunged 27% in two sessions after CEO and founder PN Vasudevan announced his resignation over a perceived...
Shapoorji Pallonji Group wants Tata Sons to consider Rs 25,000 crore share buybackThe SP Group has not withdrawn the proposal, which was placed before the Tata Sons board by Noel Tata at its last meeting, the people said....
RBI opens up Account Aggregator network, making financial data sharing easier for consumersThe Reserve Bank of India has introduced inter-operability among various Account Aggregators to simplify information sharing. Customers wil...
RBI allows Sebi-regulated depositories to show bank deposit details in consolidated A/C statements; what it means for youThe RBI announced measures to enhance customer convenience, including allowing SEBI-registered depositories to include bank deposit details...
Tata Sons mulling legal view on Trusts offer, not seen as a Trusts resolution to be consideredTata Sons board has not yet formally met to consider the restructuring proposal from Tata Trusts. The proposal aims to avoid the mandatory ...
Banks vs NBFCs: Which stocks could benefit as RBI eyes rate hike for first time in 3 years?The RBI’s expected first rate hike in three years could have a mixed impact on banks and NBFCs. While higher funding costs may pressure NBF...
Tata Trusts vice chairmen Vijay Singh, Venu Srinivasan inform trustees in letter they weren’t consulted on Tata Sons reorganisationA fresh rift has emerged within Tata Trusts over Tata Sons’ proposed reorganisation, with Sir Dorabji Tata Trust vice chairmen Venu Sriniva...
Tata Chemicals, Tata Motors PV, other Tata stocks slide up to 4% as Tata Sons rejig clouds listing prospectsTata group stocks declined after Tata Trusts proposed restructuring Tata Sons to potentially remove its NBFC and CIC classification, which ...
Tata Trusts pitch Tata Sons restructuring as alternative to listingTata Trusts have proposed merging Tata Electronics Systems Solutions and Tata Consulting Engineers with Tata Sons to alter its regulatory c...
Holding companies, NBFCs rejig assets, income to escape RBI scrutinyGroups are restructuring NBFC and holding-company balance sheets to stay outside RBI’s regulatory definitions and avoid registration and co...
McNally Bharat: ED probes 'backdoor return' of old power network via IBCEnforcement Directorate has traced ₹105 crore of cash infusion to McNally Bharat Engineering from Vishwa Group entities. The funds moved th...
Tata Sons listing row puts individual Tata Trusts trustees under sharper focusTata Sons and Tata Trusts are facing significant tensions as they prepare for the upcoming annual general meeting. The Reserve Bank of Indi...
MSME lending opportunity seen at Rs 2.4–2.6 lakh crore in H2 2026: FlexiLoans ReportNBFCs to account for Rs 36,000 crore as India’s MSME credit outstanding projected to cross Rs 50 lakh crore by December 2026
Tata Sons approves five-year extension for N Chandrasekaran to prepare for IPOTata Sons' board approved N. Chandrasekaran's reappointment as executive chairman for five years. The company also initiated plans for a po...
N Chandrasekaran reverses decision, agrees to five more years as Tata Sons chairmanN Chandrasekaran will continue as Tata Sons chairman for five more years. The board approved his reappointment after he reconsidered his ea...