'

Tag: non-bank financial companies

RBI’s new top tier list could include NBFCs promoted by banks, strong promoters
Personal Finance

RBI’s new top tier list could include NBFCs promoted by banks, strong promoters

Team of consulting auditors checking company financial report data (balance sheet, profit and loss account) on computer screen with business graphs, fintech | Photo credit: NicoElNino The Reserve Bank of India is likely to release its updated list of upper tier non-banking financial companies (NBFCs) by mid-2026, sources say, and may add large NBFCs, promoted […]

author
RBI is not diluting NBFC rules; Foreign equity deals are subject to the same suitability test: R Gandhi
Stock Market

RBI is not diluting NBFC rules; Foreign equity deals are subject to the same suitability test: R Gandhi

The Reserve Bank of India (RBI) has not diluted its regulatory stance on non-banking financial companies (NBFCs) or banks, and approvals for big share takeovers – especially by foreign investors – will continue to be subject to strict ‘fit and proper’ assessments, said R Gandhi, former deputy governor of the RBI.Speaking to ET Now, Gandhi […]

author