RBI issues guidelines for NBFCs on lending against shares
With an aim to curb volatility in capital market, the Reserve Bank on Thursday asked NBFCs to maintain a loan-to-value (LTV) ratio of 50 percent in case of lending against collateral of shares.
Aug 21, 2014, 20:16 PM IST
RBI, govt working to regulate illegal money taking entities
The Reserve Bank is working with the government to bring about changes in the law to regulate the entities who are illegally accepting deposits from the public, Deputy Governor R Gandhi said on Thursday.
Aug 21, 2014, 19:51 PM IST
Non-food credit up 13% in June to Rs 56,39,000 crore
In June last year, non food credit had risen 13.5 percent, the Reserve Bank data on sectoral deployment of bank credit showed
Jul 31, 2014, 21:03 PM IST
RBI cancels licenses of six Delhi-based NBFCs
The Reserve Bank has cancelled the licenses of six Delhi-based non banking financial companies following which they would not be able to conduct business.
Jul 28, 2014, 17:07 PM IST
RBI cancels registration certificate of Dectsche Securities
Reserve Bank has cancelled registration certificate of non-banking financial company Deutsche Securities India Pvt Ltd (DSIPL) as it was carrying on the business of a non-banking financial institution.
Jul 23, 2014, 18:17 PM IST
RBI reviewing regulatory framework for unregulated NBFCs
The Reserve Bank Monday said it is in the process of reviewing the regulatory framework for unregulated non-banking finance companies with a view to check financial frauds.
Jun 16, 2014, 21:48 PM IST
RBI allows share pledging in favour of NBFCs
The Reserve Bank has allowed pledging of shares of an Indian company held by non-resident investors in favour of non-banking financial companies (NBFCs) for business purposes.
Jun 06, 2014, 21:28 PM IST