Banks and NBFCs are two distinct types of lenders. Woes of credit risk management stem from the type of borrowers they handle ...

To verify if an NBFC accepting deposits is genuine, ensure it is registered with the Reserve Bank of India (RBI) and has the appropriate licence to accept public deposits. Look for transparent ...

Several founders and experts told YourStory that the recent RBI crackdown on four NBFCs smacks of arbitrariness ... charge interest rates as high as 45% per annum. DMI Finance and Navi Finserv ...

The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance ... norms limiting the number of lenders per borrower to four and capping total ...

In addition to usurious pricing, these NBFCs were variously found to be in non-adherence ... in adherence with the regulations as laid down in the Master Direction Reserve Bank of India (Regulatory ...

Given the burgeoning unsecured lending space and interconnectedness with banks, the RBI from ... data from select NBFCs on their outstanding loan book broken down by product type and annualised ...

The Reserve Bank of India (RBI) on Thursday ordered four non-banking financial corporations (NBFCs) to cease and desist from sanction and disbursal of loans, charging them with usurious pricing ...

Reserve Bank of India (RBI) has issued a cease and desist order to several NBFCs, including DMI Finance and Navi Finserv, due to supervisory concerns related to their pricing policies.

While the growth and inflation forecasts for FY25 were retained at 7.2 per cent ... the RBI has used the monetary policy statements for sounding out practices of some of the NBFCs operating ...

Also, the RBI had lately expressed concern about growth in non banking financial company (NBFC) loan books raising ... lenders from charging more than0.8 per cent daily on the loan, capped at ...

This came just a week after governor Shaktikanta Das said the RBI found some non-banking financial companies (NBFCs) “aggressively pursuing growth without building up sustainable business ...