Banks and NBFCs differ primarily in regulation and deposits. Banks accept demand deposits and issue cheques; NBFCs offer specialized credit to underserved ...

The Reserve Bank of India scrapped plans to bar banks from overlapping business lines with their NBFC subsidiaries, offering ...

Draft rules aligning NBFCs with banks on capital norms for operational infrastructure projects aim to enhance capital ...

Reserve Bank of India (RBI) has imposed penalties of Rs46.50 lakh on American Express Banking Corp (AEBC), HDB Financial ...

With Bajaj Finance shares rallying nearly 10% in two days, NBFC stocks have become the Street's favourite after the RBI front-loaded easing with a 50 bps repo rate cut and liquidity injection via a ...

The Reserve Bank of India's October policy measures offer major relief to non-banking financial companies. A Morgan Stanley ...

RBI bulletin highlights growth prospects for NBFCs in vehicle loans and loans against gold, emphasizing their crucial role in credit intermediation and economic development.

India's central bank said on Friday new investors who operate from jurisdictions not in compliance with the Financial Action Task Force (FATF) must hold less than 20% of the voting power in ...

The RBI has dropped its proposed rule restricting overlap between banks and NBFC subsidiaries, easing concerns for lenders ...

Financial regulators - the Reserve Bank of India, Securities and Exchange Board of India, Insurance Regulatory and ...

The Shapoorji Pallonji (SP) group has renewed its demand for the public listing of Tata Sons, calling it a "moral and social ...

October policy measures are major relief to India's non-banking financial companies (NBFCs) according to a Morgan Stanley report.