Searched for
RBI MICROFINANCE REGULATIONS
Book microfinance brass if farmers face recovery harassment: Maharashtra CM Devendra Fadnavis"All superintendents of police have been instructed to immediately file a case if anyone (microfinance companies) is found harassing any fa...
IIFL Finance plans to raise ₹2,500-5,000 crore by selling stake amid Fairfax exit rumorsIIFL Finance is intending to raise ₹2,500-5,000 crore by selling a minority stake. The company's promoters may subscribe to warrants to lim...
Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions: Chairman GhoshBandhan Financial Services is exploring opportunities in the health insurance sector after recent acquisitions. The company intends to focu...
IHC, First Abu Dhabi eye stake in Bandhan Bank promoterEarly investors GIC & IFC jointly hold 30% in Bandhan Financial Services (BFSL), keen to exit. PE funds tapped too to gauge strategic inter...
NFO Insight: Aditya Birla Sun Life Financial Services Sectoral Debt Fund opens for subscription. Is it the right time to invest?Aditya Birla Sun Life Mutual Fund has launched a sectoral debt fund focused on financial services, with relatively high interest rate risk ...
RBI cancels licences of 5 NBFCs, 8 others surrender registrationsThe Reserve Bank of India cancelled five NBFC registration certificates on Thursday. Eight other NBFCs surrendered their registrations for ...
NBFCs must use AI, strengthen underwriting as credit growth accelerates: RBI Deputy Governor MurmuReserve Bank of India Deputy Governor S C Murmu urged NBFCs to use AI and machine learning tools. He emphasized stronger risk management an...
Banks seek CRR cut on green deposits to boost green lending in IndiaIn a bid to boost climate and transition finance, banks are pressing for a lower cash reserve ratio for green deposits. Presently, estimate...
Ujjivan Small Finance Bank CEO & MD Sanjeev Nautiyal steps down on health groundsUjjivan Small Finance Bank's MD and CEO has resigned citing health reasons. The board accepted the early retirement and appointed Carol Fur...
- Bajaj Finance, L&T Finance poised to benefit as NBFC earnings recovery broadens: Siddhartha Khemka
India’s NBFC sector is showing signs of a broad-based cyclical recovery, with FY27 first-quarter results pointing to stronger loan growth, ...
Banks to reveal loan rates every month in RBI's disclosure tweakThe Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floatin...
Small finance banks wants RBI to clear doubt about micro loan risk weightageMicrofinance loans constitute a majority share of SFBs' loan portfolio, barring a few exceptions like AU and Equitas. The confusion arose b...
Mostly Welcome Microfinance NormsThe RBI paper now seeks to streamline and update microfinance regulation across all regulated entities, which makes perfect sense. The rate...
RBI aims to tackle microloan burden with new MFI rulesThis repayment threshold is part of a slew of proposals to revamp the regulations on microfinance, which are crucial to bringing the bottom...
RBI proposes to cap borrowers' repayment outgo, scrap lending rate ceiling in uniform microfinance regulationsThe Reserve Bank of India has suggested capping the total repayment outflow from a household to half of the annual income of the economical...
RBI may bring uniform regulation for all microfinance lendersWhile RBI did not specify anything more, captains of the microfinance sectors expect the activity-based regulation to replace the current f...
- RBI, Andhra Pradesh government in a spat over microfinance bill
RBI has challenged AP's right to regulate microfinance firms registered with it as NBFCs, drawing a sharp retort from the state government.
- SKS rises 20% after law empowering RBI to regulate micro finanace sector proposed
Analysts say the main problem with the entire microfinance sector was the Andhra Pradesh MFI Act, the state which accounts for more than ha...
- Malegam report unlikely to end MFIs' woes in AP
Malegam may have submitted the report on microfinance regulations, but their agony won't just end, thanks to the Andhra Pradesh government ...
- Don't club us with MFIs, NBFCs to tell Malegam panel
The Finance Industry Development Council has sought a meeting with the Malegam Committee to move the point that NBFCs are different from mi...