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

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 ...

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

Reserve Bank of India (RBI) has imposed a penalty of Rs76.60 lakh on four non-banking financial companies (NBFCs) for ...

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

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

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

RBI feels that such perpetual lines of credit may encourage behaviour, which may be classified as evergreening of loans.

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

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