All posts tagged "NBFCs"
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287FINANCEYear-Ender 2023: RBI Makes These Changes In Bank Transactions In Ongoing Year – Check
The RBI’s dedication to adjusting to changing economic conditions and promoting financial stability in the banking industry is demonstrated by these calculated...
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109NEWSRBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
Private sector banks were fined Rs 12.17 crore while public sector banks (PSBs) were levied penalties of Rs 3.65 crore, foreign banks...
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337MUST KNOWPradhan Mantri MUDRA Yojana offers loans up to ₹10 lakh. How to apply, eligibility & other details
The Pradhan Mantri MUDRA Yojana (PMMY) was introduced by the Narendra Modi government in 2015 to offer loans of up to 10...
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233FINANCEPersonal loans may get costlier as RBI flags risks
MUMBAI: After cautioning lenders over the surge in unsecured personal loans for several weeks, the Reserve Bank of India on Wednesday moved...
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286BUSINESSRBI issues new directions on IT governance in banks, NBFCs effective from April 2024; check details
The Reserve Bank of India (RBI) has come out with a new comprehensive master direction related to information technology (IT) governance, risk,...
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682MUST KNOWReserve Bank of India issues KYC guidelines for banks; here’s what customers need to know
RBI has asked banks and non-banking financial companies to adopt a risk-based approach regarding KYC (Know Your Customer) updates from time to...
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280FINANCEWhat is loan against shares and how to leverage it for financial growth and flexibility
Loan against securities allows individuals to pledge their stocks as collateral for a loan, but not every stock is eligible to be...
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265FINANCERBI asks banks, NBFCs to watch the personal loans they are giving out
The Reserve Bank of India (RBI) on Friday, October 6, cautioned on high growth in some segments of personal loans. While announcing...
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297FINANCEGREEN DEPOSITS: Make sure returns are competitive; not much difference between green deposits and normal ones
Green deposits refer to a type of financial product offered by banks and financial institutions to promote environmentally sustainable initiatives and projects....
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363FINANCEGold loans at less than 9% – Know pros and cons before borrowing!
A gold loan is a type of secured loan where individuals can borrow money from banks or a non-banking financial company by...
