NBFCs to tweak funding mix after RBI relaxes banks' lending norms
Indian NBFCs are expected to modify their funding strategies due to RBI's relaxed lending norms. By reducing risk weight ...
RBI directs large NBFCs to stop new lines of credit and renewals
The Reserve Bank of India has directed large finance companies to stop renewing lines of credit for businesses due to ...
Balancing Compliance and Customer Experience: ZOOP’s agent-based digital KYC for financial institutions
To comply with the new RBI mandates, many financial institutions are switching to ZOOP’s RBI-compliant agent-based digital ...
Inc422d
WestBridge-Backed Kuhoo Finance Gets NBFC Licence From RBI
Lending tech startup Kuhoo Finance has secured an NBFC licence from the RBI, enabling it to offer loans from its own books.
Indian non-bank lenders to tweak funding mix after RBI relaxes banks' lending norms
Indian non-banking financial companies (NBFCs) are likely to tweak their funding pattern in the upcoming financial year, as ...
Inc425d
RBI Slaps Penalties On Faircent, Finzy, Other NBFCs For Non-Compliance
The RBI has imposed a cumulative monetary penalty of INR 76.60 Lakh on four NBFC-P2P lending platforms – Faircent, LEO1, ...
RBI advises NBFCs to curb perpetual credit lines over risk concerns
The RBI has cautioned NBFCs on perpetual credit lines, citing risks of loan evergreening and financial instability, urging ...
The Financial Express13d
RBI relief gives boost to NBFC stocks
Shares of non-banking finance companies (NBFCs) rose sharply on Thursday after the Reserve Bank of India (RBI) eased banks' ...
BW Businessworld1d
NBFCs To Reshape Funding Strategy As RBI Eases Lending Norms
Indian non-banking financial companies (NBFCs) are set to adjust their funding strategies in the upcoming financial year ...