The Reserve Bank of India (RBI) has officially recognised the Finance Industry Development Council (FIDC) as a Self-Regulatory Organisation (SRO) for Non-Banking Financial Companies (NBFCs). […]
Tag: Reserve Bank of India
Central Bank of India expands global reach with new IFSC unit at GIFT city
The Central Bank of India has received approval from the Reserve Bank of India to set up an International Financial Services Centre (IFSC) Banking Unit […]
Paytm Payments Services gets RBI nod to operate as online payment aggregator
Paytm Payments Services Limited (PPSL), a wholly owned subsidiary of One 97 Communications Limited, has received an ‘in-principle’ authorisation from the Reserve Bank of India […]
AU SFB secures RBI nod to transition into Universal Bank
The Reserve Bank of India (RBI) has granted in-principle approval to AU Small Finance Bank Limited (AUSFB), allowing it to transition into a universal bank, […]
RBI issues new guidelines to streamline co-lending practices
The Reserve Bank of India (RBI) has introduced a fresh set of regulatory guidelines titled ‘The Reserve Bank of India (Co-Lending Arrangements) Directions, 2025’, to […]
Comfort Fincap sees 38 per cent jump in Q1 PAT amid robust lending growth
Comfort Fincap Limited has announced its financial results for the first quarter ended June 30, 2025, reporting a strong year-on-year growth in profitability and a […]
Green Loans Under the Lens: Separating Substance from Spin
Scroll through your social feed and you’d think India’s NBFC world has never looked greener. Glossy brochures and LinkedIn posts parade ‘green finance’ as the […]
Jana Small Finance Bank delivers steady Q1 with Rs102 crore PAT
Jana Small Finance Bank (Jana SFB) has reported a net profit of Rs 102 crore for the first quarter of FY26, after setting aside accelerated […]
Reserve Bank of India issues draft guidelines on digital banking to bolster customer protection
The Reserve Bank of India (RBI) has issued a draft circular outlining new guidelines for digital banking. The proposed rules emphasise enhanced customer protection, transparency, […]
Shriram Life Insurance join hands with ESAF Small Finance Bank to serve underserved markets
Shriram Life Insurance Company (SLIC) has entered a strategic partnership with ESAF Small Finance Bank to broaden the reach of life insurance products across underserved […]