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'nbfcs' - 6 Search Result(s)

  • government owned nbfcs must be under prudential norms rbi

    Government-owned NBFCs must be under prudential norms: RBI

    December 30, 2014 7:29 IST

    New Delhi: There is a need to bring government-owned Non-Banking Financial Companies (NBFCs), which are highly leveraged, under prudential regulations, says an RBI report."While a certain degree of forbearance might have been warranted in initial

  • career point zooms 20 as arm gets rbi nod to carry nbfc

    Career Point zooms 20% as arm gets RBI nod to carry NBFC business

    December 15, 2014 15:33 IST

    New Delhi: Career Point Infosystems was locked in 20 per cent upper circuit at Rs 143.10 on BSE, after the company's wholly owned subsidiary receive a nod from the Reserve Bank of India (RBI) to

  • nbfcs to work as business correspondents for banks rbi

    NBFCs to work as business correspondents for Banks: RBI

    June 24, 2014 21:49 IST

    New Delhi: The Reserve Bank of India today permitted non-banking finance companies to act as business correspondents (BCs) of banks, allowing them to offer limited services with the aim of spreading financial inclusion."It has been

  • rbi cautions investors about investing money in nbfcs

    RBI cautions investors about investing money in NBFCs

    June 01, 2013 9:29 IST

    Mumbai, June 1: Amid rising incidents of fraudulent investment schemes hitting investors, the Reserve Bank today asked the public to carefully evaluate their decisions before depositing money with financial entities including Non-Banking Financial Companies (NBFCs).The

  • nbfcs may need prior rbi nod for ownership change

    NBFCs may need prior RBI nod for ownership change

    December 13, 2012 12:51 IST

    New Delhi, Dec 13: Non-banking financial companies (NBFC) would need RBI's prior approval before making changes in their ownership control, a draft guideline of the central bank said on Wednesday.The draft guidelines, based on the

  • rbi tighten bank lending norms for gold finance cos

    RBI Tighten Bank Lending Norms For Gold Finance Cos

    April 17, 2012 20:34 IST

    Mumbai, Apr 17: Concerned over spurt in gold imports, RBI today asked banks to reduce exposure to NBFCs giving loan against the precious metal and has set up a working group to suggest ways to