The Reserve Bank of India (RBI) has decided to mandate all Retail Entities (REs) to provide the ‘Key Fact Statement’ (KFS) to the borrowers for […]
Tag: NBFCs
FIDC releases its vision document and Code of Conduct for NBFCs
The Board of Directors for the Finance Industry Development Council (FIDC) has released its vision document and Code of Conduct today, a statement from FIDC […]
RBI grants three additional months to banks and NBFCs to adopt new regulations
The Reserve Bank of India (RBI) has granted three additional months to banks and Non-Banking Financial Companies (NBFCs) up till 1st April, 2024, for executing […]
RBI releases report on “Trend and Progress of Banking in India 2022-23″
The Reserve Bank of India (RBI) has released the report on “Trend and Progress of Banking in India 2022-23, showing the performance of the banking […]
FIDC gets new Chairman, Umesh Revankar
The Finance Industry Development Council (FIDC) has appointed Umesh Revankar as its new Chairman. The managing committee elected Revankar unanimously in a meeting convened in […]
Technology : A tool for understanding customer expectations
In today’s rapidly evolving business landscape, the key to success lies in understanding and meeting customer expectations. This requires a deep understanding of customer preferences, […]
NBFCs, together with fintechs
B2B Infomedia organised the 15th edition of NBFC and Fintech Conclave and Awards in Chennai on 18th August, 2023. The event saw participation from more […]
CreditAccess Grameen signs a $200 million external commercial borrowing deal
India’s largest NBFC-MFI CreditAccess Grameen has inked a $200 million external commercial borrowing deal with foreign banks and overseas branches of Indian banks. It has […]
Gold loan NBFC Indel Money looks to strengthen presence in western, central India
Gold loan non-banking finance company (NBFC) Indel Money has taken the decision to strengthen its presence in western and central India as a part of […]
Rural India throws NBFCs a lifeline in season of lost momentum
Overall loan growth by non-banking finance companies crawled in Q4, growing just 2% annually during the quarter. Both semi-urban and urban sectors reported lower growth […]