New Delhi- Goods and Services Tax (GST) will not be applicable on penal charges levied by banks and non-banking finance ...

A Debenture Trustee, registered under SEBI (Debenture Trustees) Regulations, 1993, must be appointed for each NCD issuance. The trustee ensures compliance with the terms of the NCDs and safeguards the ...

A dedicated liquidity window mechanism or emergency lines of credit from financial institutions can go a long way in ...

Digant Haria, Founder of GreenEdge Wealth Services, highlighted that microfinance companies and banks with a heavy focus on ...

Sanjiv Bajaj, Chairman and Managing Director (CMD) of Bajaj Finserv said that while liquidity is not a concern for large ...

Venture capital (VC) investments in the non-banking finance companies (NBFCs) surged in 2024, marking a notable pivot towards safer, proven business models with clear exit opportunities.

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that GST will not be applicable on penal charges levied ...

Jan 9 (Reuters) - The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) after they improved their compliance following a series of supervisory restrictions.

The adoption of the Expected Credit Loss (ECL) framework, under Ind AS 109, is proving to be a transformative step for NBFCs, enabling them to shift from a reactive to a proactive approach in managing ...

At the 17th edition of Mint Annual BFSI Summit and Awards, the RBI deputy governor said the average outstanding CDs have ...

The loan growth of Indian Non-Banking Financial Companies NBFCs and Housing Finance Companies HFCs excluding IFCs will ...