Tag: nbfcs
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NBFCs should disburse 50% of bank-level credit by 2047, says FM Sitharaman
Finance Minister Nirmala Sitharaman on Wednesday called on India’s non-banking financial companies (NBFCs) to significantly scale up their role in the financial system, setting...
Treat customers with dignity, ensure easy-to-understand pricing: RBI deputy guv to NBFCs
RBI Deputy Governor Swaminathan J has asked the NBFCs to treat customers with dignity and ensure easy-to-understand pricing, free from hidden charges.Addressing a Conference...
SEBI permits all NBFCs, HFCs to invest in security receipts by ARCs
Markets regulator SEBI has allowed all non-banking financial companies (NBFC), including housing finance companies, to invest in security receipts issued by Asset Reconstruction Companies...
Non-Bank lenders post strong Q3FY25 results, asset quality sees improvement
The non-banking financial sector recorded robust performance in the October to December quarter (Q3) of FY25, driven by strong loan growth and higher net...
Banks, NBFCs tighten risk controls amid rising gold loan NPAs in 2024; FM Sitharaman assures safeguards
Banks and NBFCs have reassessed their risk management strategies concerning gold loans and are taking safeguards against price fluctuations and valuation errors, Union Finance...
