Lenders will no longer be able to freely tinker with loan spreads under draft RBI rules meant to standardise interest-rate setting across banks, NBFCs and cooperatives. The spread between the benchmark rate…
Sebi has proposed raising the cap on debt securities maturing in a single financial year from 14 to 17 ISINs for privately placed bonds. The move, outlined in a consultation paper on…
Smartphone financing tenure in India averaged 10 months in Q2 2026, according to Counterpoint Research. Tier 2 cities led financing-driven purchases, with EMI plans accounting for 57.5 per cent of sales. Tier…
Banks are beefing up gold loan operations with more appraisers, new testing gear and digital processing to challenge NBFCs that dominate the market. Union Bank of India now offers loans within 30…
Shares of Bajaj Finance and Bajaj Finserv lost nearly Rs 55,000 crore in market cap after the Reserve Bank of India proposed to bar non-banking finance companies (NBFCs) from offering revolving credit…
The Reserve Bank of India has retained Tata Sons in its FY27 list of upper-layer non-banking financial companies while examining the group holding company’s request for deregistration. The RBI said the inclusion…
Bajaj Finance shares fell 5.55% to Rs 1,086 on August 3, their sharpest intraday decline in four months, Business Today reports. The company’s market capitalisation fell to Rs 6.85 lakh crore. The…
The Reserve Bank of India is discussing comprehensive guidelines for banks and non-bank lenders using artificial intelligence, Livemint reports, citing a person familiar with the discussions. The proposed framework could bring together…
The Reserve Bank of India has placed Tata Sons among 17 upper-layer non-banking finance companies for 2026-27, according to Bloomberg as reported by Business Today. The list also includes REC, Power Finance…
The Reserve Bank of India has retained Tata Sons in its upper-layer list of non-banking finance companies for FY27, identifying it as a core investment company. Tata Sons has standalone assets of…
