Malhotra, in his opening remarks, underscored the role played by NBFCs in credit intermediation, particularly in making ...
These NBFCs constitute nearly 50 per cent of the total assets of the NBFC sector. Representatives from Self-Regulatory Organizations (SROs), Sa-Dhan and Micro Finance Institutions Network (MFIN), as ...
RBI Governor Sanjay Malhotra on Thursday asked NBFCs to ensure customers are treated fairly and put in place a mechanism for quick redressal of grievances. The governor met with managing directors and ...
At the meeting held on February 13 in Mumbai, NBFCs reportedly reiterated demand for easier liquidity, refinance window ...
The RBI had imposed restrictions on Kotak Mahindra Bank due to concerns over its IT management. It noted that the bank had ...
RBI has announced the release of new ₹50 banknotes featuring the signature of its newly appointed governor, Sanjay Malhotra.
RBI lifts restrictions on Kotak Mahindra Bank, allowing credit card issuance and digital customer onboarding, signaling ...
Karnataka Governor Thaawarchand Gehlot has approved a new ordinance aimed at regulating Microfinance Institutions (MFIs) following concerns over their coercive practices. This legislation, set to ...
Following Governor Thaawarchand Gehlot's approving the Ordinance promulgated to contain microfinancing institutions (MFIs), ...
While banks will be closed in the affected states, digital banking services like UPI, internet banking, and mobile banking ...
Updated - February 12, 2025 at 08:57 PM. | Mumbai ...
Kotak Mahindra Bank welcomed the decision, confirming that it would soon resume digital onboarding and credit card issuance.
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