Page-2 of Topic: NBFC
RBI raises concerns over bad loans from Mudra Yojana
The Reserve Bank of India on November 27, 2019 raised concerns over increasing bad loans from the Pradhan Mantri Mudra Yojana. RBI believes that there is an urgent...Partial Guarantee Scheme for NBFCs
In order to address the liquidity issues haunting the NBFC’s, the government has announced Rs 1-lakh crore Partial Guarantee Scheme for NBFCs and HFCs (non-banking and housing finance...Tapan Ray Committee on Core Investment Companies
The Reserve Bank of India (RBI) has formed a committee headed by Tapan Ray to review regulatory guidelines and supervisory framework applicable to core investment companies (CICs). What...
Regulation of Housing Finance Corporations
The Central Government of India may give the power to regulate the various housing finance corporations (HFCs) in the country to the Reserve Bank of India (RBI). The...
What is RBI’s Complaint Management System?
The Reserve Bank of India (RBI) has launched Complaint Management System (CMS), on its website for facilitating RBI’s grievance redressal process. About CMS It is a software application...
RBI launches Single Window Portal for Customer Complaints
The Reserve Bank of India (RBI) has launched a single window portal, Complaint Management System for addressing customer complaints relating to banks and non-banking finance companies (NBFCs) through...
On Tap Licence for Small Finance Banks
The Reserve Bank of India (RBI) is considering to issue “on tap” licensing for small finance banks. The on-tap licensing will allow entities to approach the RBI for...
RBI proposes stringent regulations for NBFCs
The Reserve Bank of India (RBI) has proposed stringent norms to strengthen and raise the standard of asset-liability management (ALM) framework of struggling non-banking financial companies (NBFCs). Stringent...
RBI to create a ‘Specialised Supervisory and Regulatory Cadre’
The Reserve Bank of India’s (RBI’s) Central Board has decided to create a ‘Specialised Supervisory and Regulatory Cadre’ within the RBI. Key Highlights About: The decision to create...
Chief Risk Officer for NBFCs
The Reserve Bank of India (RBI) has asked non-banking finance companies (NBFCs) with an asset size of more than ?5,000 crore to appoint a chief risk officer (CRO)....
RBI to regulate peer-to-peer lending firms as NBFCs: Government
The Union Government has issued gazette notification, notifying that Peer-to-peer lending (P2P) platforms will be treated as non-banking financial companies (NBFCs) and thus regulated by Reserve Bank of...
