Business Standard
Substantial time has elapsed since Government owned NBFCs were brought within the ambit of prudential regulations in May 2018
The revised fair lending practice, which prohibits banks and NBFCs from using penal charges on loan defaults as a revenue enhancement tool, will come
The Reserve Bank may shift the monetary policy stance to "neutral" by June and deliver rate cuts starting August this year, a Japanese brokerage said
The draft norms, which were released on Monday, said SRO-FTs should strive towards healthy and sustainable development of the fintech sector
S&P Global Ratings on Monday said it has raised long-term issuer credit rating on Vedanta Resources. The rating has been upgraded to 'CCC+' from 'sel
The central bank has also proposed the ceiling on public deposits held by HFCs be reduced to 1.5 times of net-owned funds from 3 times
Mahindra Group and global institutional investor Ontario Teachers' Pension Plan Board have co-sponsored an infrastructure investment trust (InvIT) hol
The body would work towards strengthening governance standards and addressing the sector's needs and challenges, the central bank said
Capital markets regulator Sebi on Monday proposed to provide flexibility to Alternative Investment Funds (AIFs), Venture Capital Funds (VCFs) and thei
The rupee strengthened for the ninth consecutive session to settle with a gain of 6 paise to 82.89 (provisional) against the US dollar on Monday, driv
India's macro-fundamentals strengthened even though it faced severe external shocks since 2020, Reserve Bank Monetary Policy Committee (MPC) member As
The highest mobilisation in 2023 came from All-India Financial Institutions and banks, accounting for Rs 4.71 trillion, representing a 29 per cent inc
In CY23 US, India & Japan have been the biggest recipients of foreign flows. Outflows were seen across Europe.
The rupee appreciated 18 paise to 82.77 against the US dollar in early trade on Monday, supported by bullish domestic equities wherein domestic indice
Over 800 women were surveyed across 10 cities in India on a wide range of behaviours, including their involvement in financial decision-making, goal s
Insurers have suggested introduction of a separate tax deduction limit for life insurance, waiver of taxation on annuity and pension products
The Indian economy has withstood all geopolitical shocks in the last couple of years and it will also be able to navigate the uncertainties that lie a
The Reserve Bank on Friday said it has imposed penalties totalling Rs 2.49 crore on three banks, including Dhanlaxmi Bank and Punjab and Sind Bank, fo
Finance Minister Nirmala Sitharaman on Friday met French President Diplomatic Advisor Emmanuel Bonne and sought greater participation from French fina
Two crucial events which helped to scale up deposits base were demonetisation of Rs 500 and Rs 1,000 notes in 2016, and return of Rs 2,000 notes in th