In recent years, the way we handle money and investments has changed a lot. More people are investing in mutual funds, shares, and bonds. But did you know that you don’t have to sell these investments ...
The Reserve Bank of India (RBI) has proposed to revamp how upper-layer non-banking financial companies (NBFC-UL) are identified. The central bank on Friday pitched for an asset-size-based approach as ...
In a major overhaul of the methodology for identification of non-banking finance companies (NBFCs) in the Upper Layer (UL), the RBI plans to move away from the current parametric scoring methodology ...
With interest rates remaining attractive and market volatility continuing to keep conservative investors cautious, fixed deposits (FDs) remain a preferred avenue for those seeking stable and ...
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Need a loan? Should you borrow from a bank or an NBFC—where can you get the cheapest and fastest funds?
Bank Loan vs. NBFC Loan: No one knows when an urgent need for funds might arise in life. In such situations, the first thought that usually comes to mind is taking a loan from a bank. However, the ...
As RBI expands NBFC regulation beyond traditional lenders, concerns are growing about compliance burdens on large corporates ...
NBFCs have been an important part of the BFSI industry in India. NBFC credit is around INR 18.6 Lakh Cr in retail lending as of July 2023 Traditional NBFCs, with limited use of technology in their ...
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