Newspoint on MSN6d
Money Lending Act: It is necessary to get a license to lend money on interest, know the terms of the Moneylender Act and the license..
There is a lot of earning in the transaction of interest, especially for banks and financial institutions, whose income comes ...
The Financial Express4d
Fintech founders come together for new entity to secure fintech SRO licence from RBI
A fintech-SRO is a recognition by the RBI granted to a non-governmental entity that acts as a regulatory body for fintech ...
RBI issues framework for SRO for account aggregators
MUMBAI: To streamline data exchange and resolve operational issues within the financial sector, the Reserve Bank has called applications for a self-regulatory o ...
inc4219d
WestBridge-Backed Kuhoo Finance Gets NBFC Licence From RBI
among others WestBridge Capital-backed lending tech startup Kuhoo Finance has secured a non-banking finance company (NBFC) licence from the Reserve Bank of India. This will pave the way for the ...
Rediff.com1d
Payments banks urge FinMin to raise deposit limit to Rs 5 lakh
Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according ...
Indian banks' loan growth slows for eighth straight month in February, RBI data shows
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to ...