The government has clarified that no bank, NBFC, regulated entities (REs) can charge Goods and Services Tax (GST) on penal ...

A Debenture Trustee, registered under SEBI (Debenture Trustees) Regulations, 1993, must be appointed for each NCD issuance. The trustee ensures compliance with the terms of the NCDs and safeguards the ...

A dedicated liquidity window mechanism or emergency lines of credit from financial institutions can go a long way in ...

Complaints by customers of banks and other financial entities under the Reserve Bank – Integrated Ombudsman Scheme (RB-IOS), ...

Urban Challenge Fund and SWAMIH has the potential to give the much needed boost to revive sentiments in the housing finance ...

New Delhi- Goods and Services Tax (GST) will not be applicable on penal charges levied by banks and non-banking finance ...

The Ministry of Finance's clarification now ensures that these charges, which are typically levied for late payments or other ...

Gold loan NBFCs seek priority sector status and inclusion in UPI-based credit systems in the upcoming Union Budget to drive ...

According to the draft rules, banks and NBFCs will no longer be able to freely share customer data with their subsidiaries. They will be required to obtain explicit consent from customers before ...

Sanjiv Bajaj, Chairman and Managing Director (CMD) of Bajaj Finserv said that while liquidity is not a concern for large ...

After a phase of aggressive growth driven by unsecured lending, NBFCs are fixing their strategies to balance risk and profitability over the medium term. Ind-Ra projects overall loan growth to ...