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September 14, 2023
Besides LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, others in the list include L&T Finance, Piramal Capital & Housing Finance, Cholamandalam Investment and Finance Company
September 14, 2023
(This story has not been edited by THE WEEK and is auto-generated from a PTI
September 14, 2023
Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. The central bank has categorised NBFCs into Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL). A list of 15 large Non Banking Finance Companies (NBFCs) falling in the Upper Layer category has been released.
September 14, 2023
The central bank has categorised NBFCs into Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL)
June 9, 2023
RBI has decided to grant general permission for branch expansion in the approved area of operation to
December 2, 2022
The Reserve Bank of India had constituted the Expert Committee on Urban Co-operative Banks to examine
April 20, 2022
Rich individuals who are used to making a quick buck in an IPO by using leveraged finance will find the going difficult as twin regulatory moves – one each by RBI and Sebi – have put a spanner in the IPO financing arena. It seems to be good news for retail investors though
April 18, 2022
The merger of mortgage giant HDFC Ltd with HDFC Bank, India's second largest bank, will create a financial services behemoth. What are the regulatory costs, the challenges and the opportunities?
November 26, 2021
The Apex Bank in Nigeria, Central Bank of Nigeria (CBN) has barred BVN Violators from from opening a new bank accounts going by its fresh rule.The new policy is contained in a Revised Regulatory Framework for Bank Verification Number (BVN) operations and Watch-List for the banking industry released by the apex bank in its Update…
November 22, 2021
The Central Bank of Nigeria (CBN) has stated that individuals under its watchlist may be barred from entering a new relationship with any participant (banks)