Vayana secured an NBFC licence from RBI, enabling co-lending partnerships. Backed by PayU, it seeks $20 million funding.

The Reserve Bank of India has directed large finance companies to stop renewing lines of credit for businesses due to ...

Lending tech startup Kuhoo Finance has secured an NBFC licence from the RBI, enabling it to offer loans from its own books.

The RBI has imposed a cumulative monetary penalty of INR 76.60 Lakh on four NBFC-P2P lending platforms – Faircent, LEO1, ...

Indian non-banking financial companies (NBFCs) are likely to tweak their funding pattern in the upcoming financial year, as ...

The RBI has cautioned NBFCs on perpetual credit lines, citing risks of loan evergreening and financial instability, urging ...

The Nifty PSU Bank index rose 1.46%, or 86.3 points to hit an intraday high of 5,976.75, while the Nifty Bank index increased ...

The Reserve Bank of India has imposed a monetary penalty on four Non-banking Finance companies (NBFCs) – Rang De P2P ...

Indian non-banking financial companies (NBFCs) are set to adjust their funding strategies in the upcoming financial year ...

Lines of credit are usually provided to individuals or small business owners. This product enables the borrower to withdraw ...

Shares of non-banking finance companies (NBFCs) rose sharply on Thursday after the Reserve Bank of India (RBI) eased banks' lending norms for the sector.