Category: Banking & Financial Services

RBI MPC keeps repo rate unchanged at 6.5%

Posted on August 13, 2024 by filesadmin

The six-member Monetary Policy Committee (MPC) decided to keep the repo rate on hold at 6.50 per cent, even as

Neo raises ₹400 crore in latest funding round led by MUFG, Euclidean Capital

Posted on August 13, 2024 by filesadmin

Wealth and asset management firm Neo Group has raised ₹400 crore in its latest funding round led by MUFG Bank

Shriram Life Insurance posts ₹27 crore PAT in June quarter

Posted on August 13, 2024 by filesadmin

Shriram Life Insurance has reported a profit after tax of ₹27 crore for the first quarter of this fiscal compared with ₹35

RBI breather: NBFC depositors can prematurely withdraw within 3 months of placing deposits for emergencies

Posted on August 12, 2024 by filesadmin

In a breather for non-banking finance company (NBFC) depositors, who want to meet certain expenses of an emergent nature, the

RBI tightens norms for HFCs to bring parity with NBFCs

Posted on August 12, 2024 by filesadmin

Housing Finance Companies (HFCs) accepting public deposits will face the same regulatory rigour as deposit-taking Non-Banking Finance Companies (NBFCs), with

RBI flags concerns over top-up home loans and personal loan growth

Posted on August 12, 2024 by filesadmin

The Reserve of India governor has flagged concerns over banks and non-banking finance companies not following prudential norms on top-up

MPs urge Finance Minister to help resume flow of RBI funds to Nabard

Posted on August 12, 2024 by filesadmin

Thiruvananthapuram Several MPs, inclusing Bikash Ranjan Bhattacharya, CPI(M) Member of Rajya Sabha, have urged Union Finance Minister Nirmala Sitaraman to