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INDIA has increased its crackdown on lenders with errant practices, as regulators move to curtail risks in the shadow banking sector. Read more at The Business Times.

Earlier this month, in RBI monetary policy committee meeting, governor Shaktikanta Das issued a strong warning to non-banking ...

RBI halts loan disbursements for Navi Finserv and three other NBFCs due to excessive interest rates and regulatory ...

Previously known as BAC Acquisitions, Navi Finserv said that it was committed to conducting its business operations with the highest standards of compliance, customer service and transparency, and ...

Reserve Bank of India bars four non-banking finance companies, including two microfinance institutions, in a disciplinary ...

Hindustan Zinc Ltd (HZL) reported a 35% year-on-year rise in consolidated net profit for the second quarter of the fiscal ...

In September 2022, the RBI came out with guidelines on digital lending aimed at protecting customers from unethical business ...

The RBI halted the lending operations of these companies as it flagged serious supervisory concerns about their pricing ...

The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance ...

The reason behind the ban is due to concern related to the pricing policy of these companies in terms of their lending rates, ...

NBFC says it will do a comprehensive review of enterprise-wide governance, risk management and regulatory compliance before ...