Page-3 of Topic: NBFC

Types of Non-Banking Financial Companies (NFBC)

The NBFC sector in India is diverse, comprising various categories of institutions tailored to different functions. The RBI classifies NBFCs on three broad bases: by the nature of...

May 29, 2015

Small Finance Banks

Small Finance Banks are a new class of niche banks created as part of financial inclusion reforms in the mid-2010s. The concept was recommended by the RBI’s Nachiket...

April 26, 2015

Review of Guidelines on Licensing of New Banks in Private Sector

In 1993, Reserve Bank of India came up with its new guidelines regarding entry of the private sector in Banking. On the basis of these guidelines, RBI issued...

April 24, 2015

RBI relaxes group limit for NBFCs in insurance joint ventures

RBI has decided to consider a case-to-case basis relaxation of the 50% group limit norm for NBFCs (Non-Banking Finance Companies) in the equity of insurance joint venture (JV)....

November 30, 2013