Integrated Ombudsman Scheme: Register your complaint against bank or its staff directly to RBI with THESE steps
It’s an overarching platform where customers can register their complaints against Banks, NBFCs, or Bad behaviours of bank officers, or any problem related to ATM and Banking system.
Oct 29, 2022, 17:14 PM ISTInterest Rate Hikes: Will FD Rates Surpass the 7% Mark?
Fixed Deposit, as a savings option, can also work as an emergency fund, if you need to fund unplanned expenses.
Sep 20, 2022, 16:09 PM ISTReserve Bank of India comes out with provisioning norms for large NBFCs
Further, RBI said the rate of provision for restructure loans will as per the stipulation in the applicable prudential norms.
Jun 06, 2022, 18:59 PM ISTRBI brings new credit, debit card rules, penalties! Check latest update
The RBI has introduced a new set of rules related to debit and credit cards, overhauling the existing guidelines.
Apr 21, 2022, 22:14 PM ISTNBFCs to see stability in FY23; capital, margins, provisioning strengths: Report
The agency, which maintained a 'neutral' sector outlook and 'stable' rating outlook for the NBFCs, said its expectations will hold true in the absence of any negative event.
Feb 25, 2022, 18:45 PM ISTRBI proposes to strengthen ALM framework for NBFCs in annual report FY2019
Reserve Bank of India said that it will provide required liquidity backstop to the banks against their excess G-sec holdings.
Aug 30, 2019, 11:22 AM ISTCentre responsive to slowdown, but more steps needed: Report
On the measures announced to boost auto sales, the report noted that the auto sector may benefit marginally.
Aug 26, 2019, 15:00 PM ISTLoans from NBFCs to developers halved in FY19: Report
The report observed that default by leading NBFC, IL&FS, in scheduled payments led to a liquidity squeeze in the real estate sector since September 2018.
Aug 22, 2019, 11:08 AM ISTNo Debenture Redemption Reserve norm for listed firms, NBFCs
A statement by the Corporate Affairs Ministry said that the decision has been taken in pursuance of the budget announcements for 2019-20 by Finance and Corporate Affairs Minister Nirmala Sitharaman.
Aug 20, 2019, 11:39 AM ISTSEBI may ease NBFC share buy-back norms
If approved, then the new norms will follow the government's scheme to provide a one-time partial credit guarantee to PSBs for purchase of pooled assets of financially sound NBFCs.
Aug 20, 2019, 11:38 AM ISTRBI releases guidelines for lending by banks to NBFCs for On-Lending
RBI said, Bank credit to NBFCs for On-Lending will be allowed upto a limit of five percent of individual bank’s total priority sector lending on an ongoing basis.
Aug 14, 2019, 10:49 AM ISTBank lending to non-bank firms set to gather pace: Shaktikanta Das
The central bank was closely monitoring and scrutinising the top 50 NBFCs, and had a good understanding of what were the numbers and cash flows of these firms, Das was quoted as saying.
Jul 26, 2019, 11:13 AM ISTSebi bars trading members from pledging certain securities of clients
The latest requirements, which also come against the backdrop of crisis in the NBFC sector, would be effective from September 1.
Jun 21, 2019, 11:16 AM ISTFlipkart ties up with banks, NBFCs to offer quick loans
It has revamped its seller financing programme called 'Growth Capital' which allows over 1 lakh sellers to avail of credit from 10 banks and NBFCs with one-day approval and disbursal in the next two days, the company said in a statement Thursday.
Jun 21, 2019, 10:41 AM ISTRBI assures all help to troubled NBFCs; SBI monitoring exposure to sector
The country's largest lender SBI too said it has been closely monitoring its exposure to the NBFC sector for the past 10 months and taking action as required.
Jun 07, 2019, 11:05 AM ISTRBI eases norms for NBFCs to securitise loan books
As per a notification of the RBI, non-banking financial companies (NBFCs) have been permitted to securitise loans of over five-year maturity after holding them for six months on their books.
Nov 30, 2018, 12:38 PM ISTNBFC crisis poses more growth headwinds: Report
The other headwinds for growth include higher rates, lower fiscal headroom and sub-par private sector spending.
Nov 08, 2018, 15:27 PM ISTRBI announces more steps to increase credit flow to NBFCs
The move will help provide liquidity to housing finance companies (HFCs) and non-banking finance companies (NBFCs) which have come under pressure following series of default by IL&FS group companies.
Oct 19, 2018, 13:45 PM ISTSBI steps in to rescue cash strapped NBFCs, to buy good assets worth Rs 45,000 crore
NBFCs along with mutual funds have been facing a liquidity crunch following a series of loan repayment default since late September by IL&FS and its group companies.
Oct 10, 2018, 09:46 AM ISTIndia's shadow banking sector likely to face shake-up after IL&FS default
The NBFC loan books have grown at nearly twice the pace of banks, and the cream of them, including IL&FS, had received top credit ratings.
Sep 28, 2018, 15:03 PM IST