RBI extends operational risk management rules to include NBFCs and housing finance companies
New Delhi: The Reserve Bank of India (RBI) has expanded its operational risk management guidelines to cover non-banking financial companies ...
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Tag: NBFCs
RBI advises banks on AIF investments to ensure uniformity in implementation of downstream investments among REs
New Delhi: The RBI issued an advisory for banks investing in alternative investment funds (AIFs). The central bank’s announcement said ...
RBI DG Patra reveals 75% of Indian Banks and NBFCs have implemented chatbots and AI
New Delhi: In a recent seminar, Reserve Bank of India (RBI) Deputy Governor Michael Patra revealed that approximately three-fourths of ...
RBI issues Detailed Norms for Outsourcing of IT Services by Banks, NBFCs
Mumbai: The Reserve Bank of India has come out with detailed norms for the outsourcing of IT services by banks, ...
Reserve Bank of India levies fine of Rs 55 lakh on Indian Bank for Non-Compliance
Mumbai: The Reserve Bank of India (RBI) has charged a fine of Rs 55 lakh on Indian Bank for non-compliance ...
Reserve Bank of India to audit 9,500 NBFCs to check on levels of compliance
The Reserve Bank of India (RBI) is likely to engage the services of external auditors to audit majority of the ...
Decentro Launches Automated Lending Solution for NBFCs, Fintechs
Banking infrastructure platform Decentro has launched an automated lending stack for Non-Banking Financial Companies (NBFCs) and Fintechs. The API suite ...
Intelligent Automation Is The Way Ahead for NBFCs
Noida: Technology is changing our lives in more ways than we can imagine. Some impacts are obvious, like using the ...
World Bank Committed $2.75 Billion So Far to Support India’s Emergency COVID-19 Response
New Delhi: The World Bank and the Government of India today signed the $750 million agreement for the MSME Emergency ...
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