NBFCs

As per the latest RBI’s directive, the borrower will be given the option of collecting the original movable / immovable property documents either from the branch where the loan account was serviced or from any other office of the RE where…

Representational image. File | Photo Credit: Reuters Reserve Bank of India (RBI) has issued fresh guidelines to the Regulated Entities (REs) such as commercial and other banks, Non-Banking Finance Companies (NBFCs) and other lenders to…

ICRA has revised upward the growth outlook for the current financial year for the retail loans of Non-Bank Financial Companies (NBFC-Retail) and Housing Finance Companies (HFC-Retail), which account for the bulk of the overall sector. The…

The Reserve Bank of India (RBI) on Thursday came out with a regulatory framework to permit default loss guarantee arrangements in digital lending. This is considered as a major relief to financial technology (fintech) companies that were…

Online Mudra loan application process: Pradhan Mantri Mudra Yojana (PMMY) is among the self-employment and entrepreneurship promotion schemes of the government launched by Prime Minister Narendra Modi back in 2015. The scheme targets micro…

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