CAG flags tax irregularities by banks, NBFCsThe audit identified 1,847 observations, including 671 systemic issues and 533 compliance lapses. The largest discrepancies related to impr...
03 Apr, 2026, 12.38 AM IST
Reserve Bank of India restores default loss guarantees for NBFCsNon-banking finance companies (NBFC) can now factor in DLGs when setting aside buffers for potential loan losses, provided the guarantee fo...
16 Feb, 2026, 12.35 AM IST
PFC, REC well-placed under new RBI norms; Motilal Oswal reiterates buy ratingRBI’s final project finance guidelines offer relief to NBFCs by softening provisioning norms and avoiding retrospective application. The ch...
21 Jun, 2025, 12.15 PM IST
Exempt selectively sovereign funds, RBIRBI has also eased some of the new provisioning rules for bank and NBFC investments in AIFs. Lenders are now required to provide only for t...
25 Jun, 2024, 10.46 PM IST
RBI asks NBFCs to stick to loan cash payout limit of Rs 20,000The Reserve Bank of India has instructed non-bank finance companies (NBFCs) to strictly enforce a 20,000 rupees ($240) cash loan limit to d...
08 May, 2024, 03.05 PM IST
Get lenders dressing up loans to cut exposure, AIFs tell RBIThese are among the key proposals made by the fund industry body in its representation to the Reserve Bank of India (RBI) in the wake of th...
25 Dec, 2023, 07.02 AM IST
ET Explainer: Impact of RBI curbs on sweetheart deals involving lenders, borrowers and AIFsAlternative Investment Funds are privately managed funds with just a few investors, usually wealthy family offices, banks, NBFCs and other ...
21 Dec, 2023, 06.09 AM IST
ET analysis: Is evergreening of loans evergreen?For years, 'evergreening of loans' - throwing new loans to help a stressed or delinquent borrower repay old loans - has worried the regulat...
21 Dec, 2023, 12.04 AM IST
RBI rejects NBFCs' plea to relax prudential asset quality normsThe central bank told the NBFC lobby group Finance Industry Development Council (FIDC) that it intends to impose uniform prudential asset q...
17 Dec, 2021, 06.23 AM IST
Covid-19 attack limits MFI outreachIt has extended the priority sector status for bank loans to NBFCs for on-lending in FY21.
24 Mar, 2020, 08.31 AM IST
Coronavirus Fallout: Microfinance firms are slowing down new loan disbursements in rural heartlandAnticipating liquidity tightness, Microfinance Institutions Network (MFIN), the lobby group for the NBFC-MFIs, has already sought the regul...
23 Mar, 2020, 11.41 PM IST
RBI extends ombudsman scheme to non-deposit taking NBFCsThe scheme which lays down rules for redressal mechanism in cases of customer complaints was earlier applicable only to deposit-taking NBFC...
26 Apr, 2019, 07.57 PM IST
You can repay your entire loan in cash, provided each instalment is less than Rs 2 lakhThe finance ministry issued a circular clarifying that the prohibition of cash payment would only apply to repayment of a single loan insta...
04 Jul, 2017, 03.20 PM IST
- Government may ease harsh rules for NBFCs suggested by RBI panel
Amid intense lobbying by finance companies, the government has stepped in to water down the harsh, new rules prescribed by a RBI panel.
20 Feb, 2012, 05.47 AM IST
- Tighter regulation of NBFCs was long overdue
The Reserve Bank of India's working group on non-banking finance companies has done well to suggest tighter regulation of the sector.
01 Sep, 2011, 01.11 AM IST
- RBI panel Usha Thorat Committee wants tighter rules for NBFCs
The Reserve Bank of India is on course to introduce new rules on provisioning, lending and capital for non-banking finance companies, or NB...
30 Aug, 2011, 03.33 AM IST
- India Inc may have to open NBFC window to raise public deposits
The government is planning to make RBI the sole authority to regulate acceptance of deposits from the public other than shareholders.
13 Dec, 2007, 02.25 AM IST