Page-2 of Topic: Non-bank financial institution

RBI launches Ombudsman Scheme for NBFCs

The Reserve Bank of India (RBI) has launched Ombudsman Scheme for redressal of complaints against the Non-Banking Financial Companies (NBFCs). The scheme will provide a cost-free and expeditious...

February 25, 2018

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

Achievements of the Indian Banking System

Strong Fundamentals: The IBA-FICCI-BCG Report (August 2011), says that India’s Gross Domestic Product (GDP) growth will make the Indian banking industry the third largest in asset size in...

February 22, 2012

Business & Economy : October 26-27, 2009

October 26, 2009 : ING seperates Banking and Insurance Business.ING group will move towards a complete separation of its banking and life insurance operations as part of its...

October 27, 2009