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The RBI has overhauled NBFC regulations by segregating them based on size and interconnectedness. The final guardrail of self-regulating organisations still remains to be implemented ....
State Board of Administration of Florida Retirement System lessened its stake in shares of Bank First Co. (NASDAQ:BFC – Free Report) by 23.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,660 shares of the company’s stock after selling […] ....
Shriram Finance offers a variable interest rate between 7.8% and 8.6% per annum on fixed deposits, starting at 7.8% for a 12-month tenure, increasing to 7.95% for 18 months, and reaching 8.10% for a 24-month tenure. ....
Equity funds are expected to see some leeway but not much of a relaxation may be granted to debt funds. A cap on the exposure of an NBFC to an AIF may also be introduced. ....