India's central bank begins unwinding curbs on NBFCsThe Reserve Bank of India has eased supervisory restrictions on several non-banking financial companies, including Asirvad Micro Finance, N...
09 Jan, 2025, 01.24 PM IST
RBI removes lending restrictions on microfinance company Arohan Financial ServicesThe Reserve Bank of India has lifted the lending restrictions on Arohan Financial Services. The ban was initially imposed due to unfair pra...
03 Jan, 2025, 07.39 PM IST
RBI lifts restrictions on Sachin Bansal's Navi FinservThe Reserve Bank of India lifted restrictions on Navi Finserv. This decision follows the company's rectification of deficiencies after seve...
02 Dec, 2024, 10.00 PM IST
MFIs reduce lending rates as RBI voices concernsSeveral microfinance lenders in India have reduced their lending rates in recent months following regulatory scrutiny from the Reserve Bank...
13 Nov, 2024, 09.11 PM IST
RBI allows home loan disbursals sanctioned before Oct 20: Navi FinservThe Reserve Bank of India has permitted Navi Finserv to resume disbursing scheduled home loans sanctioned prior to October 20. This decisio...
29 Oct, 2024, 07.05 PM IST
Rate cut 'risky, premature' as growth remains steady, says RBI's Shaktikanta DasRBI's governor Shaktikanta Das during India Credit Forum hosted by Bloomberg said cutting interest rates in coming Monetary Policy Committe...
18 Oct, 2024, 08.22 PM IST
RBI bans four finance companies from sanctioning and disbursing new loansThe Reserve Bank of India has banned four finance companies, including Navi Finserv and DMI Finance, from issuing new loans due to excessiv...
18 Oct, 2024, 05.30 AM IST
Retail credit boom creating balance sheet risks: Shweta DaptardarThere will be recalibration even on the risk pricing rates front as well. Perhaps we might see some review in guidelines coming from RBI in...
10 Oct, 2024, 08.00 AM IST
Are variable pay, incentives driving risky growth at NBFCs?As India's NBFC sector grows rapidly, driving financial inclusion, some of these companies are taking risky paths to growth through exubera...
09 Oct, 2024, 02.43 PM IST
RBI cautions micro finance lenders against usurious interest ratesThe Reserve Bank of India (RBI) has warned lenders, particularly in the microfinance sector, against charging "usurious" interest rates by ...
08 Jun, 2024, 09.36 AM IST
Regulatory red flag over gold loansThe surge in gold jewellery loans raises concerns for regulators due to the sustained rally in gold prices and the potential for borrowing ...
13 Mar, 2024, 10.47 PM IST
Kotak Mahindra Bank aims to grow gold loan book faster than the industryKotak Mahindra Bank aims to accelerate its growth in the gold loan sector, targeting faster expansion than the industry average. The bank s...
29 Feb, 2024, 04.58 PM IST
RBI wants fintech operators to follow rules of game, says Guv Shaktikanta DasThe statement assumes importance in the wake of the recent incidences wherein a few people who borrowed through these apps have been forced...
20 Sep, 2022, 07.25 PM IST
RBI removes lending rate cap on NBFC-MFIs, changes microfinance definitionWhile this move is on an expected line, RBI surprised the market by raising the annual household income level to 3 lakh for classification ...
15 Mar, 2022, 06.29 AM IST
Rural India waits for its share of reformsIt is time to do away with sarkari initiatives that have not worked for the farmer and instead allow free market to flow in.
05 Oct, 2015, 10.09 AM IST
- Govt can plug revenue leakage by banning carriage fees, says broadcasting industry
Industry sources have said that banning carriage fees in the new digitisation of cable distribution regime wef July 1 is necessary to plug ...
01 May, 2012, 05.14 AM IST
- AP Government to act tough against erring MFIs
Andhra Pradesh CM K Rosaiah on Saturday directed the District Collectors to act tough against microfinance institutions that were fleecing ...
23 Oct, 2010, 02.24 PM IST