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Business News: Loan collections for non-bank lenders surpass pre-second wave levels: ICRA

Business News: Loan collections for non-bank lenders surpass pre-second wave levels: ICRA
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Abhishek-dafria , Banking-finance-companies , Housing-finance-companies , Non-banking-finance-companies , Vice-president , Head-structured-finance-ratings ,

NBFCs' co-lending book set to touch Rs 1 lakh crore' | Business News

Crisil said a study of 100 NBFCs, accounting for over 90 per cent of the sector’s AUM, indicates these trends. Interestingly, only about a third of these have active co-lending books at present.

India , Ajit-velonie , Malvika-bhotika , Senior-director , Non-banking-finance-companies , Risil-ratings , Bfc , Rowth-momentum , Sme , Ome-loans , Igher-risk-weights

RBI: RBI to conduct special audit for regulatory breaches by IIFL Finance, JM Financial Products

The Reserve Bank of India has initiated special audits for IIFL Finance Ltd and JM Financial Products Ltd to further investigate regulatory breaches. The audits will be conducted by auditors appointed through a tender process, with firms empanelled by Sebi for forensic audit eligible to participate. The audits come after the RBI imposed restrictions on both companies earlier this month for non-compliance with regulatory guidelines. IIFL Finance was barred from sanctioning or disbursing gold loans, while JM Financial Products was restricted from providing financing against shares and debentures.

India , Jm-financial-products-ltd , Exchange-board-of-india-sebi , Reserve-bank , Products-ltd , Exchange-board , Rbi , Iifl-finance , Jm-financial-products , Regulatory-breaches , Non-banking-finance-companies

Shriram Finance Limited Is Now Great Place To Work Certified

Shriram Finance Limited Is Now Great Place To Work Certified
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Business News | Shriram Finance Limited Is Now Great Place To Work Certified

Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], February 14: Shriram Finance Limited (SFL), is now a Great Place To Work® Certified™in India. This accolade reflects the company's core value of prioritizing its people, placing them at the forefront. This recognition underscores SFL's unwavering commitment to fostering a culture that values entrepreneurship at every level, empowering the employees with autonomy, authority, and resources. Through cultivating a workplace environment characterized by highly engaged, motivated, and committed employees, the company aims to drive sustained success and growth. Business News | Shriram Finance Limited Is Now Great Place To Work Certified.

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Takeover of Paytm Payments Bank business likely to be a time-consuming affair

Takeover of Paytm Payments Bank business likely to be a time-consuming affair
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Any takeover of Paytm Payments Bank's business likely to be a time-consuming affair

Any takeover of Paytm Payments Bank's business likely to be a time-consuming affair
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India , Shaktikanta-das , Fino-payments-bank , Twitter , Banking-finance-companies-nbfcs , Jio-payments-bank , Payments-bank , Paytm-payments-bank , Facebook , Maharashtra-cooperative-bank , India-post-payments-bank , Airtel-payments-bank

RBI Deputy Governor Warns Mfis On High Interest Rate Practices

RBI Deputy Governor Warns Mfis On High Interest Rate Practices
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India , M-rajeshwar-rao , Banking-finance-companies-nbfcs , New-delhi , Reserve-bank , Deputy-governor , Microfinance-institutions , Non-banking-finance-companies ,

RBI's SRO norms, a positive step - The Hindu BusinessLine

RBI's SRO norms, a positive step - The Hindu BusinessLine
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