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...
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...
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...
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)....
