Tag: #NBFC

The Reserve Bank of India (RBI) has declared that 15 large Non-Banking Finance Companies (NBFCs) will now face stricter regulatory rules. This decision includes well-known companies like LIC Housing Finance, ...

New Delhi (Agency): The Reserve Bank of India (RBI) made a significant announcement on Friday, August 18, directing banks to allow individual borrowers with Equated Monthly Instalment (EMI) loans to ...

New Delhi (Agency): A Mumbai-based firm, Chaturvedi & Shah, repeatedly caught in corporate fraud investigations, has emerged as a focal point following the July 19 Enforcement Directorate (ED) searches on ...

New Delhi,  (Aryavarth) Asset management company BlackOpal will diversify into specialised lending with RBI approving its proposal for grant of NBFC licence. The company proposes to operate the financing activity under ...