Non Banking Finance Companies

NBFC-P2P lending platforms can’t promote P2P lending as an funding product, says RBI

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The Reserve Financial institution of India has cautioned non-banking monetary firm – peer-to-peer (NBFC-P2P) lending platforms that they can’t promote P2P lending as an funding product with options equivalent to tenure-linked assured minimal returns, and liquidity choices. The central financial institution additionally stated an NBFC-P2P can’t utilise funds of a lender for substitute of every … Read more

NBFCs see gold mortgage progress regardless of RBI crackdown

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Non-banking finance firms (NBFCs) will probably see sturdy progress of practically 15 per cent within the gold mortgage enterprise within the present monetary yr, regardless of the latest regulatory actions taken by the Reserve Financial institution of India (RBI). Additionally learn: NBFC-P2P lending platforms can’t promote P2P lending as an funding product, says RBI “We … Read more

Is prevention higher than remedy? Deciphering the current motion on NBFCs

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A M Karthik, Senior Vice President & Co-Group Head, Monetary Sector Rankings, ICRA, joins in, to decode the implication of a number of restrictions imposed on NBFCs within the current months. SHARE Copy hyperlink E mail Fb Twitter Telegram LinkedIn WhatsApp Reddit Revealed on March 9, 2024 #prevention #remedy #Deciphering #motion #NBFCs