MobiKwik Receives RBI Nod for NBFC Licence
MobiKwik has received approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC), marking
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NBFC
Axis Bank to Infuse $162 Million into Axis Finance to Expand Lending
Axis Bank has announced an investment of $162 million in its consumer lending subsidiary, Axis Finance, as part of its
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RBI Not Considering Cap on NBFC Top Management Tenure
The Reserve Bank of India (RBI) is not currently evaluating any proposal to impose a cap on the tenure of
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L&T Finance Ltd. Launches a Comprehensive Financial Awareness Drive
L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, has launched a comprehensive financial awareness
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Gold loan outstanding of banks rises 43.4% in 1st half of FY25
Banks have reported a steep 43.4 per cent rise in gold loan disbursements in the first six months (April-September) of
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Secured vs. Unsecured Personal Loans: A Comprehensive Guide to Finding the Right Fit
Most banks and NBFCs in India offer secured and unsecured personal loans, catering to a wide range of customers with
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NBFC co-lending AUM nearing Rs. 1lakh crore
Five years after the launch, the co-lending book of non-banking finance companies (NBFCS) is expected to reach Rs 1 lakh
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RBI issues framework for acceptance of green deposits by banks, NBFCs
Reserve Bank of India issued detailed guidelines for acceptance of ‘green deposits’ by banks and NBFCs wherein the funds could
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Asset quality improves at Small Finance Banks, NBFCs
Asset quality improves at Small Finance Banks, NBFCs Ujjivan Small Finance Bank said its gross non-performing assets ratio stood at
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RBI to audit 9,500 NBFCs to check on levels of compliance
The Reserve Bank of India (RBI) is likely to engage the services of external auditors to audit majority of the
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