RBI announces list of upper layer NBFCs for 2023-2024
The list has 15 companies that include LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons Pvt Ltd among others.
Source: moneycontrol.com
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LIC Housing, Bajaj Finance, Shriram Finance, 12 Other NBFCs to Comply with Enhanced Regulatory Requirements: RBI
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
Source: news18.com
Reserve Bank says 15 large NBFCs to comply with enhanced regulatory requirements
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Source: theweek.in
reserve bank of india: RBI releases list of 15 NBFCs in 'upper layer' under scale based regulations
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.
Source: indiatimes.com
15 large NBFCs to comply with enhanced regulatory norms
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.
Source: rediff.com