Tags Posts tagged with "Non-Banking Finance Companies"

Tag: Non-Banking Finance Companies

RBI wants non-bank finance companies to seek prior nod before any...

Tightening its grip on non-banking finance companies (NBFCs), the Reserve Bank of India (RBI) has proposed to regulate the change in directorship. According to the ...

Stricter norms unsuccessful at tackling ‘shadow banking’

Despite RBI tightening the noose around shadow banks with stricter rules, little has been done to tackle the complex problem of unregulated, "chit" or...