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September 16, 2023
As per media reports, the RBI announced a list of 15 NBFCs with Tata Sons name in the upper-layer category on 14 September, requiring more regulatory compliance, , sensex, nifty, ipo, trading, investment, tata sons
September 15, 2023
Foreign institutional investors (FII) bought shares worth Rs 294.69 crore, while domestic institutional investors (DII) sold Rs 50.80 crore worth of stocks on September 14, provisional data from the National Stock Exchange (NSE) showed.
September 15, 2023
The central bank recently removed Shanghvi Finance from the upper layer of NBFC list. What does it mean, what are NBFC layers, and what are scale-based regulations?
September 15, 2023
The list has LIC Housing Finance Limited on top, followed by Bajaj Finance Limited in second place, and Shriram Finance Limited (formerly Shriram Transport Finance Company Limited) in third, , nbfc, reserve bank of india, lic housing finance ltd, bajaj finance, shriram finance
September 14, 2023
These will now be subject to enhanced regulatory requirement
September 14, 2023
The list has 15 companies that include LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons Pvt Ltd among others.
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
The Reserve Bank of India has released a list of fifteen NBFCs that fall under the "upper layer" in the scale-based regulation for the financial year 2024. LIC Housing Finance Limited, Bajaj Finance Limited, and Shriram Finance Limited are among the top-ranking companies on the list.
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.