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

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

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

GST will not be charged on penal charges levied by banks and NBFCs, as clarified by the CBIC. This exemption is due to such ...

The Ministry of Finance on Friday stated that a full-day conclave for Non-Banking Financial Companies (NBFCs) and Micro ...

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

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

The revised guidelines shall be applicable to all fresh private placements of NCDs (with maturity more than one year) by HFCs ...

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 ...

With the nation's ambition to reach a $5 trillion economy and achieve the long-term vision of Viksit Bharat by 2047, the ...

For NBFCs, catering to this underserved market isn’t just a strategic opportunity—it’s a meaningful way to bridge a crucial gap, backed by innovation and thoughtful practices. Across ...

The Karnataka cabinet has approved an ordinance imposing non-bailable charges on microfinance and non-banking financial companies that engage in harsh loan recovery practices. This measure aims to ...