The Reserve Bank of India has proposed barring non-banking financial companies from offering revolving credit, allowing only term-loan products under draft amendments to its Credit Facilities Directions. The proposal would affect flexi…
The Reserve Bank of India has released draft directions to revise concentration-risk and credit-facility rules for rural co-operative banks and invited comments by August 28, 2026. The proposals include exposure limits for…
The Reserve Bank of India has retained Tata Sons among 17 upper-layer non-banking financial companies for 2026-27, subjecting it to enhanced regulatory requirements. The RBI said the classification does not prejudice Tata…
