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...

Shapoorji 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...

A Tata Trusts trustee has backed listing Tata Sons via an IPO, aligning with growing support despite the group’s earlier stance to remain u...

The Reserve Bank of India is expected to issue a revised circular on upper-layer NBFCs soon. The RBI's scale-based regulation (SBR) framewo...

Confederation of Indian Industry praises government and RBI for swift actions amid West Asia conflict. CII proposes a detailed plan to supp...

The asset under management of shadow banking players is expected to grow at 6-8 per cent in the current financial year and 8-10 per cent in...

In a recent letter written to RBI Governor Shaktikanta Das, FIDC, an industry body of NBFCs, said due to the severe second wave of COVID-19...

After 14 years since the MSME Development Act came into existence in 2006, a revision in MSME definition was announced in the Atmanirbhar B...

Until now, practices relating to critical areas such as classification and recognition of non-performing loans (NPLs), accounting for secur...

Urge RBI, finmin to relax timeline to 270 days, suspend classification of NPAs for 2 months.

The CII has also sought a separate classification for systematically important NBFCs with such companies being given easier funding through...

The current liquidity crisis of NBFCs has no one to blame.

NBFCs are likely to benefit from the proposed guidelines by the RBI which focus on enhanced corporate governance, said a report by India Ra...

Non Banking Financial Companies (NBFC) would need RBI's prior approval before making changes in their ownership control, a draft guideline ...

Under the existing norms, an unsecured asset overdue beyond 90 days and a secured asset overdue beyond 180 days are treated as NPAs.

Assocham today said the revised classification of non-performing assets for NBFCs will raise their capital requirement and cost of lending.

RBI today announced setting up of a working group to examine issues pertaining to regulation of the NBFC sector, including their governance...