• 

  Microsoft outage: Indian financial sector remains insulated from global crash, says RBI

  Business | July 19, 2024 23:54 IST

  The RBI stated that the disruptions faced by these institutions have either been resolved or are currently being addressed. This reassurance comes in light of concerns over potential impacts on financial operations due to the global technical glitch.

• 

  RBI to strengthen risk-based supervision of banks, NBFCs

  Business | May 02, 2021 18:27 IST

  The Reserve Bank has decided to review and strengthen the Risk Based Supervision (RBS) of the banking sector with a view to enable financial sector players to address the emerging challenges.

• 

  RBI issues guidelines for appointment of statutory auditors of banks, NBFCs

  Business | April 27, 2021 12:02 IST

  The Reserve Bank of India on Tuesday issued guidelines for the appointment of statutory auditors of banks and non-banking finance companies (NBFCs), including housing finance companies.  

• 

  Bank loan's priority sector classification extended to NBFCs: RBI

  Business | March 24, 2020 8:57 IST

  The Reserve Bank of India (RBI) on Monday announced that the bank credit to registered NBFCs towards agriculture, MSEs and housing sector up to prescribed limits will be treated as priority sector loans during the next fiscal starting April.

• 

  Slowing credit offtake one of major challenges for banks: RBI Governor

  Business | February 24, 2020 20:49 IST

  Reserve Bank Governor Shaktikanta Das on Monday said slowing credit growth is one of the major challenges that banks are facing currently.

• 

  Govt will take measures to ensure adequate liquidity for NBFCs, says Finance Minister Arun Jaitley

  Business | September 24, 2018 9:32 IST

  Jaitley's remarks come in the wake of stock markets witnessing sudden and stiff fall in intra-day trade on Friday over concerns of liquidity crisis being faced by some of the NBFCs.

• 

  Govt releases list of 9500 'high-risk' non-banking financial companies

  Business | February 26, 2018 9:49 IST

  The list, prepared by Financial Intelligence Unit (FIU-IND), includes NBFCs found non-compliant to the Prevention of Money Laundering Act (PMLA) rules as on January 31.

• 

  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 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

  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

  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

Advertisement
• 

  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

  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