nbfc

New Delhi:  India's risk-based internal audit requirement for non-banking finance companies is credit positive, Moodys Investors Service said. The Reserve Bank of India (RBI) issued guidelines for the country's largest non-banking…

Mumbai:  The Reserve Bank of India (RBI) on Friday proposed a four-layered structure for non-banking finance companies (NBFCs) and new norms to strengthen their governance and operations. The RBI, in a discussion paper, proposed to…

New Delhi: World Bank has cautioned India that credit flow from the non-bank financial companies (NBFC) is expected to linger while growth will remain subdued at 5 percent for the current fiscal. "In India, where weakness in credit from…

New Delhi: In a major relief for housing finance companies and the real estate sector, Finance Minister Nirmala Sitharaman on Friday said that National Housing Bank (NHB) would provide additional Rs 20,000 crore to HFCs, taking up the total…