RBI Introduces Internal Ombudsman Mechanism for NBFCs On Monday, the Reserve Bank of India (RBI) introduced an Internal Ombudsman… Mayashree AcharyaPosted on November 16, 2021
NBFCs Take Maximum Brunt Due to STPL Segment Delinquencies The small ticket personal loans (STPL) sector records a significant dip in… Bhavana PNPosted on October 8, 2021October 8, 2021
New RBI Guidelines for Loan Transfer The Reserve Bank of India (RBI) has released master directions on the… Jyotsna SinghPosted on September 27, 2021September 27, 2021
Factoring Regulation Bill to Strengthen MSMEs The Lok Sabha approved the Factoring Regulation (Amendment) Bill, 2021, on Monday.… Mayashree AcharyaPosted on July 27, 2021July 27, 2021
New CBIC notification excludes government departments from e-invoicing compliance The Central Board of Indirect Taxes and Customs (CBIC) has issued a… Annapoorna MPosted on June 2, 2021June 3, 2021
Banks Have Sanctioned Loans Over Rs.15 Lakh Crore Under PMMY On Wednesday, the Finance Ministry said financial institutions and banks had sanctioned… Athena RebelloPosted on May 28, 2021May 28, 2021
RBI to Review and Strengthen the ‘Risk Based Supervision’ Model of Banking Sector To enable financial sector players to address the emerging challenges, the Reserve… Apoorva NPosted on May 5, 2021
NBFCs Asks RBI for Restructuring Loans and Fresh Liquidity Support The Finance Industry Development Council (FIDC), a representative body of the Non-Banking… Mayashree AcharyaPosted on April 30, 2021May 4, 2021
RBI Guidelines to Appoint Statutory Auditors for Banks and NBFCs The Reserve Bank of India (RBI) has issued guidelines for the appointment… Apoorva NPosted on April 29, 2021April 29, 2021
Emergency Credit Line Guarantee Scheme Extended by Three Months The government extended the Emergency Credit Line Guarantee Scheme (ECLGS) validity, including… Mayashree AcharyaPosted on April 6, 2021April 8, 2021