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RBI cancels registration of 2 NBFCs

The Reserve Bank said it has cancelled the certificates of registration of two NBFCs — Star Finserv India and Polytex

The Reserve Bank said the strict supervisory norms under the Prompt Corrective Action (PCA) Framework will apply to government-owned non-banking

RBI has allowed NBFCs classified as middle and base layer entities, to utilise credit risk mitigation tools to offset their

The Enforcement Directorate said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese

After making Small Finance Banks (SFBs) eligible for Authorised Dealer (AD) Category-I license, the Reserve Bank of India (RBI) may

The Reserve Bank has cancelled the certificate of registration issued to five Non-Banking Financial Companies (NBFCs) — UMB Securities and

RBI has laid down a set of rules for non-bank financiers on large exposures, lending to directors and sought additional

The Reserve Bank of India (RBI) said non-banking finance companies (NBFCs) in the upper and middle layer, with ten or

Mr. Ketan Doshi, Managing Director of PayPoint India, while addressing a webinar organized by the ASSOCHAM, said that “Fintech companies

The central bank had said that classification of special mention accounts and non-performing accounts should be done on a day-end