Non Banking Financial Companies

The deadline for completion of the registration process is July 19, 2024.

India's non-banking financial companies (NBFCs) should be mindful of their underwriting practices and risks emerging from lending concentrated in one segment, Reserve Bank of India (RBI) top official said on Friday.

Regulated entities have been extensively leveraging IT and IT-enabled services to support their business models and services offered to customers

Borrowing costs for NBFCs are expected to become costlier by 85-105 basis points in the current fiscal due to an increase in policy rates by RBI

The collection efficiency of non-banking finance companies (NBFCs) and housing finance companies was in the healthy range of 97-101 per cent in April

RBI on Monday came out with a set of norms for provisioning for standard assets by large Non-Banking Financial Companies (NBFCs)

RBI has said it has set up a committee to evaluate the efficacy, adequacy and quality of customer service in banks, non bank finance companies (NBFCs)

The outlook for banks is expected to be stable amid improvement in credit growth of 8.9-10.2 per cent and decline in provisions in the current fiscal

The directive also covers the appointment as well as fixing of tenure, role and responsibilities and oversight mechanism for the internal ombudsman

RBI moved towards tighter norms for NBFCs since one of the biggest firms - Infrastructure Leasing & Financial Services - collapsed in late 2018 amid fraud allegations.

Remuneration of Bandhan Bank MD & CEO, Chandrashekhar Ghosh, also stood frozen at the existing level till further notice.

FDs with small finance bank, NBFCs, and NCDs offer annual interest rates which are as high as 9 percent, nearly 200-250 basis points higher than the bank fixed deposits SBI State Bank of India FD

Unlike the large commercial banks such as SBI, small finance banks offer far higher interest rates on their fixed deposits (FDs), which are as high as 9 per cent in some cases.

Earn higher interest rates by investing in non-banking finance companies (NBFC) FDs that offer returns as high as 8.5 per cent

NBFCs offer a far higher rate of interest, upto 8.25 per cent, far ahead of State Bank of India (SBI) FD rates

The deadline for completion of the registration process is July 19, 2024.

India's non-banking financial companies (NBFCs) should be mindful of their underwriting practices and risks emerging from lending concentrated in one segment, Reserve Bank of India (RBI) top official said on Friday.

Regulated entities have been extensively leveraging IT and IT-enabled services to support their business models and services offered to customers

Borrowing costs for NBFCs are expected to become costlier by 85-105 basis points in the current fiscal due to an increase in policy rates by RBI

The collection efficiency of non-banking finance companies (NBFCs) and housing finance companies was in the healthy range of 97-101 per cent in April

RBI on Monday came out with a set of norms for provisioning for standard assets by large Non-Banking Financial Companies (NBFCs)

RBI has said it has set up a committee to evaluate the efficacy, adequacy and quality of customer service in banks, non bank finance companies (NBFCs)

The outlook for banks is expected to be stable amid improvement in credit growth of 8.9-10.2 per cent and decline in provisions in the current fiscal

The directive also covers the appointment as well as fixing of tenure, role and responsibilities and oversight mechanism for the internal ombudsman

RBI moved towards tighter norms for NBFCs since one of the biggest firms - Infrastructure Leasing & Financial Services - collapsed in late 2018 amid fraud allegations.

Remuneration of Bandhan Bank MD & CEO, Chandrashekhar Ghosh, also stood frozen at the existing level till further notice.

FDs with small finance bank, NBFCs, and NCDs offer annual interest rates which are as high as 9 percent, nearly 200-250 basis points higher than the bank fixed deposits SBI State Bank of India FD

Unlike the large commercial banks such as SBI, small finance banks offer far higher interest rates on their fixed deposits (FDs), which are as high as 9 per cent in some cases.

Earn higher interest rates by investing in non-banking finance companies (NBFC) FDs that offer returns as high as 8.5 per cent

NBFCs offer a far higher rate of interest, upto 8.25 per cent, far ahead of State Bank of India (SBI) FD rates