PSBs share in incremental credit dips to 51% in September: Report
PSBs' credit growth on a year-on-year (Y-o-Y) basis stood at 12.9 per cent in September, lagging behind 16.4 per cent Y-o-Y ...
The Financial Express19m
MSME lender UGRO Capital crosses Rs 10,000 crore AUM in Q2 FY25
UGRO's total debt stood at over Rs 5,300 crore during Q2 FY25, growing from Rs 3,798 crore during Q2 FY24 and Rs 4,529 crore ...
Mint Quick Edit | RBI has served NBFCs a timely warning
On Wednesday, RBI governor Shaktikanta Das asked non-banking financial companies to mend their ways. Rightly so. Too many ...
Rate cut not off the table in December policy despite change in voting pattern; inflation trajectory key, say experts
In the October monetary policy, five MPC members voted for a pause in rate action, while one voted in favour of a rate cut.
money.rediff1h
RBI Mandates ARCs Membership in All Credit Information Companies
The Reserve Bank of India has directed Asset Reconstruction Companies (ARCs) to become members of all four credit information ...
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RBI's New Guidelines: Strengthening Risk Assessment Against Financial Threats
The Reserve Bank of India has issued new guidelines for banks, NBFCs, and regulated entities to enhance their risk assessment ...
RBI asks banks to use info from all relevant sources for risk assessment
The Reserve Bank of India has directed banks, NBFCs, and other entities to utilize all relevant information sources for risk ...
money.rediff2h
RBI Directs Banks to Use All Sources for Risk Assessment
The Reserve Bank of India mandates banks and other regulated entities to use information from all sources for risk assessment ...
Why Aniruddha Sarkar is betting on NBFCs over traditional banks?
We saw the first kind of the green shoots over there wherein the textile companies, they mentioned that demand is seen picking up in the month of September. So, more than the numbers in this quarter, ...
Redo the Income Tax Act not just to simplify but rationalize taxation
A review of India’s Income Tax Act should acknowledge substantive issues that must be addressed to improve the ease of doing ...
Follow ‘compliance first’ culture: RBI governor Shaktikanta Das sends out a stern message to NBFCs
The governor elaborated that a few NBFCs may be aggressively chasing growth without building sustainable business practises ...
RBI directs banks to use all relevant information for risk assessment
MUMBAI: The Reserve Bank of India (RBI) on Thursday issued a directive to banks, Non-Banking Financial Companies (NBFCs), and other entities regulated by it, ad ...