In October 2022, the RBI had introduced scale-based regulations because of rapid developments in the sector along with rising ...

Shaktikanta Das, the Governor of the Reserve Bank of India, spoke at length about the strict regulation of the NBFC sector, ...

However, the RBI’s approach is distinguished by its inflation-targeting mechanism, introduced in 2016, which aims to keep inflation within a defined range between 4% and 2%. In contrast, economies ...

IIFL Finance said that the RBI has lifted these restrictions, allowing the company to fully resume its gold loan operations ...

Shares of IIFL Finance surged over 13% after the Reserve Bank of India lifted restrictions on its gold loan business. The ...

Reserve Bank of India approves Vincent Menachery Devassy as Whole Time Director (Executive Director) of Tamilnad Mercantile ...

RBI had barred IIFL Finance from disbursing gold loans citing supervisory concerns in March 2024. RBI now lifting its ...

EQS-Adhoc: Raiffeisen Bank International AG: RBI signs agreement on the sale of Priorbank JSC to Soven 1 Holding Limited ...

The Reserve Bank of India has lifted its restrictions on IIFL Finance's gold loan business, effective immediately. These ...

This lack of comprehensive legislation and regulation was exposed by the failure of the Travancore National and Quilon Bank in 1938. Then RBI Governor James Taylor decided to establish a ...

Aditya Birla Capital has received a 'no objection' letter from the Reserve Bank of India for the proposed amalgamation of ...