Banks, NBFCs will have to appoint auditors for continuous 3-year period: RBI
RBi has recently issued guidelines for appointment of statutory auditors for banks, and Non Banking Financial Companies (NBFCs), including housing
Read moreRBi has recently issued guidelines for appointment of statutory auditors for banks, and Non Banking Financial Companies (NBFCs), including housing
Read moreNon-Banking Finance Companies have requested RBI to extend the one-time restructuring scheme of MSME advances till March 31, 2022, as
Read moreNon-Banking Finance Companies (NBFC) of India are likely to face asset quality and liquidity risks owing to the second wave
Read moreNearly 14 non-banking financial companies have moved various high courts against the RBI norms on current account opening, requesting anonymity.
Read morePaytm has launched a new vertical – Paytm Lending – to distribute personal loans to customers through its app. Paytm
Read moreIn an attempt to enhance the oversight of regulated entities, the Reserve Bank of India will use scale-based approach
Read moreChamber of Commerce have supported the RBI decision to incentivise banks to enhance their lending to NBFCs, saying the step
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