NBFCs seek liquidity support in first meeting with RBI Governor Malhotra
NBFC heads meet RBI Governor Malhotra, request liquidity support and public deposit acceptance, discuss regulatory challenges ...
RBI asks NBFCs to become part of Unified Lending Interface for better financial inclusion
Reserve Bank of India Governor Sanjay Malhotra on Thursday asked Non-Banking Financial Companies (NBFCs) to become part of ...
India Today on MSN6h
Mumbai bank scam: Employee reveals how RBI uncovered Rs 122 crore cash shortfall
A routine audit at New India Cooperative Bank uncovered a Rs 122-crore cash shortfall. A senior bank employee’s statement, ...
RBI’s first rate cut in five years is small but can be effective
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
Lower EMI for home loan borrowers of Canara Bank, PNB, Union Bank and others as these banks cut repo linked lending rates
The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of ...
Press Trust of India on MSN2d
Ensure fair treatment to customers: RBI Governor to NBFCs
Malhotra, in his opening remarks, underscored the role played by NBFCs in credit intermediation, particularly in making ...
FM Sitharaman highlights strong coordination between RBI, government for growth, inflation management
Finance minister Nirmala Sitharaman on Saturday said that both the Reserve Bank of India (RBI) and the government have been ...
Bank FD Rates For Senior Citizens: Check Latest Fixed Deposit Rates As RBI Cut Repo Rate By 25 bps
Banks are expected to start lowering the rates on FDs in alignment with the decrease of the benchmark lending rate by the ...
RBI Governor underscores significant role played by NBFCs in credit intermediation
These NBFCs constitute nearly 50 per cent of the total assets of the NBFC sector. Representatives from Self-Regulatory Organizations (SROs), Sa-Dhan and Micro Finance Institutions Network (MFIN), as ...
RBI Governor underscores importance of customer protection, prompt grievance redress mechanism to NBFCs
Urging the NBFCs to further their contribution towards financial inclusion, the Governor requested them to become part of ...
NBFCs urge RBI to raise ECB limit, ease loan recovery and eKYC rules
NBFCs urge RBI to raise the ECB limit, ease SARFAESI norms for small loans, expedite eKYC approvals, and relax asset ...
Balance growth aspirations with sound practices, RBI Governor tells NBFC chiefs
RBI Governor emphasizes NBFCs' role in inclusive development, customer protection, and financial stability, urging ...