India’s external commercial borrowings (ECBs) witnessed a massive jump in FY25 — climbing over fivefold to $18.7 billion, up from just $3.6 billion the previous year, according to the RBI’s...
Saarathi Finance Raises ₹475 Cr to Empower India's Small Entrepreneurs In a big boost for small business owners across India, Saarathi Finance, a new-age NBFC (non-banking financial company)...
Gold Loan Relief on the Horizon: Finance Ministry Steps in to Support Small Borrowers In a welcome move for millions of small borrowers across India, the Finance Ministry has asked the Reserve Bank...
The Reserve Bank of India (RBI) has directed some non-banking financial companies (NBFCs) to stop factoring in default loss guarantees (DLGs) provided by fintech companies while calculating loan...
Paisalo Digital Ltd, a non-banking financial company (NBFC), announced that its operations and finance committee will review the issuance of non-convertible debentures (NCDs) through private...
Spalba, a SaaS-powered B2B venue marketplace, aims to reach Rs 100 crore in revenue by FY26. It ended FY25 with Rs 60 crore in total revenue. This growth represents nearly a 3000% increase from the...
Bank lending to NBFCs slowed sharply in April, helping to curb overall bank credit growth. Lending to large industries also cooled, but housing loans became more important. Growth in personal loans...
The Reserve Bank of India is thinking about setting rules for interest rates for NBFCs similar to those for banks. This change aims to make loan pricing clearer and improve how monetary policy...
The RBI stated that the violations involved key areas such as bank cybersecurity rules, exposure limits, income recognition and asset classification (IRAC) rules, KYC guidelines, fraud detection and...
India’s financial sector is growing faster than ever. This growth is driven by Non-Banking Financial Companies (NBFCs), mutual funds, and insurance firms. Jio Financial Services and Bajaj Finance...