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REGULATORY FRAMEWORK FOR NBFCS
RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
Fuelled by lending boom, DPDzero bets big on AI-led debt recoveryAs India’s unsecured lending boom accelerates, collections are emerging as the next major battleground for fintechs and lenders.
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 ...
Rupee under pressure: Weak inflows push India back to familiar defence toolsWith the rupee under pressure and international unrest growing, India is on the lookout for solutions to enhance dollar inflows. One potent...
PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
RBI should reject Tata Sons application to deregister as a CIC: InGovern ResearchCorporate governance firm InGovern Research Services urged the RBI to reject Tata Sons' application to deregister as a Systemically Importa...
RBI allows banks to extend relief measures to borrowers without their requests in disaster-hit areasNew Reserve Bank of India guidelines empower banks to offer relief to all borrowers in calamity-hit regions. These measures, effective July...
Branching out just got easier for NBFCsThe Reserve Bank of India has eased branch opening rules for NBFCs. This move helps gold loan NBFCs expand their reach. It allows them to p...
Gold loan fintech companies build own loan books as RBI tightens normsGold loan fintech startups are pivoting from loan sourcing to building their own loan books due to tightened RBI regulations. Companies lik...
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...
Tata Chemicals, Tata Investment Corp shares rally up to 12% amid Tata Sons IPO buzzShares of Tata Chemicals and Tata Investment Corporation rose sharply on Monday amid growing buzz around a potential Tata Sons IPO. Support...
RBI move may push govt NBFCs into Upper-Layer NBFC categoryThe Reserve Bank of India is proposing new rules for classifying large financial companies. State-owned firms like Power Finance Corp and R...
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...
RBI proposes to include PSUs in upper-layer NBFCsAs per the draft 'Reserve Bank of India (Non-Banking Financial Companies' Registration, Exemptions and Framework for Scale Based Regulation...
RBI says new NBFC classification at the end of monthThe Reserve Bank of India is set to unveil a new framework for categorizing Non-Banking Finance Companies (NBFCs) into upper, middle, and b...
Gold loan NBFCs have enough buffer for now — but a second 15% price drop would test them: Fitch RatingsGold prices have dropped over 15%, but India's gold loan NBFCs remain stable due to strong collateral buffers. Fitch Ratings notes that a f...