Tag: NBFCs
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What RBI’s proposed norms mean for co-lending, gold loans | Mint
Mumbai: The Reserve Bank of India (RBI) has proposed changes to harmonize lending norms across regulated entities.Two major frameworks proposed as part of the...
RBI moots classification of loans against gold jewellery based on end use | Mint
Mumbai: The Reserve Bank of India on Wednesday issued a draft circular proposing measures to strengthen norms for loans given against gold ornaments and...
RBI never wastes a good crisis, says deputy governor Swaminathan J | Mint
Mumbai: The Reserve Bank of India (RBI) will deal appropriately with those accountable if it finds there were lapses leading to what it calls...
India’s RBI imposes ₹76.6 lakh fine on four NBFCs over compliance issues in lending platform | Mint
Mumbai, Mar 7 (PTI) The Reserve Bank on Friday said it has imposed ₹76.6 lakh penalty on four non-banking financial companies for non-compliance...
Piramal to sell stakes in Shriram insurance firms-OxBig News Network
The Ajay Piramal-led group holds...