Microfinance bounces back with a bang post Demonetisation
Microfinance segment has made an impressive comeback following the demonetisation drive of the Narendra Modi Government which has touched nearly…
28 AUG 2017
NBFC
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Five Star NBFC raises $50 million from new and existing investors
Chennai-based Non-Banking Financial Company (NBFC) Five Star Business Finance has raised $50 million (about Rs 333 crore) in equity from…
26 AUG 2017
Fintech NBFC brand Prest Loans begin operations in Rajasthan
FinTech NBFC brand Prest Loans has initiated its operations in Rajasthan. The company provides online loans to small businesses and…
25 AUG 2017
RBI to initiate syncing of NBFC regulations: Deputy Governor
In a bid to promote the growth of Non-Banking Financial Companies (NBFCs), the Reserve Bank of India (RBI) is soon…
24 AUG 2017
NBFC cash loan for gold restricted to Rs 25,000
Non-Banking Finance Companies (NBFCs) cannot lend more than Rs 25,000 in cash against gold said Reserve Bank of India (RBI).…
10 MAR 2017
RBI cancels registration certificate of 7 NBFCs
The RBI said that registration certificates of seven non-banking financial companies (NBFCs) have been cancelled. The entities whose certificates were…
12 JAN 2017
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…
13 NOV 2014
