Indian banks such as SBI and ICICI have branches in Shanghai. ICBC started banking operations in India, and Bank of China ...

India’s financial system has shown resilience against the pandemic and evolved significantly since 2017, according to the IMF ...

NBFCs urge the government to implement FAME and PLI-like schemes to incentivize electric vehicle financing in India, citing challenges such as lack of standardized battery assessments and depreciation ...

Indian non-banking financial companies (NBFCs) are expected to adjust their funding strategies in the upcoming financial year, driven by the Reserve Bank of India’s (RBI) decision to ease certain ...

Indian NBFCs are expected to modify their funding strategies due to RBI's relaxed lending norms. By reducing risk weight requirements on consumer microfinance loans, banks can now lend more to NBFCs.

My boyfriend is 24 years old and works with teenagers with special needs. Recently, he attended a training where he was given a bag of materials often used to help kids with special needs ...

The NBFC licence will allow Kuhoo Finance to offer student loans of up to INR 2 Cr from its own books With this, Kuhoo has joined the ranks of Fi, Groww, Jupiter and CRED, all of which entered the ...

Kuhoo Finance, a fintech platform specialising in student loans, has received regulatory approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC).

Penny stock under Re 1: NBFC Standard Capital Markets Ltd announced that it has forayed into an alternate investment fund business with an initial investment of ₹50 crore. The NBFC will also ...

Image: Reuters The Reserve Bank of India (RBI) announced on Friday that it has imposed a total penalty of Rs 76.6 lakh on four non-banking financial companies (NBFCs) for failing to comply with ...

The World Bank's report outlined several key recommendations aimed at strengthening Non-Banking Financial Companies (NBFCs). It said, "Providing adequate financing for micro, small and medium ...