Reserve Bank of India (RBI) has cancelled registration certificates (CoR) of 35 non-banking financial companies (NBFCs) and ...
The Reserve Bank of India has taken strict action against non-banking financial companies that failed to follow rules. The central bank revoked the licenses of ...
The Reserve Bank of India (RBI) has stepped up its regulatory oversight of the non-banking financial company (NBFC) sector, ...
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 or Companies Act, 2013. RBI has ...
Reserve Bank of India (RBI) has cancelled registration of 35 non-banking financial companies (NBFCs) for regulatory ...
Reserve Bank of India cancels registration of 35 NBFCs including Satya Prakash Capital Investment Limited and others for ...
Indian law allows LLPs to conduct lawful business, but RBI regulations restrict NBFC status to companies. The key takeaway is that LLPs are ineligible for NBFC registration despite commercial ...
These NBFCs flouted norms pertaining to charging of excessive interest and had resorted to undue harassment of customers, the RBI said In July last year, the ED had attached funds worth INR 940 Cr ...
RBI is likely to issue its updated list of upper layer NBFCs by mid-2026, and could add large NBFCs promoted by banks and ...
Gurugram-based P2P lending startup Faircent has received its non-banking financial companies (NBFC)-Peer-to-Peer (P2P) certification from the RBI (Reserve Bank of India). The accreditation makes ...