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RBI cautions Public about Unauthorised NBFC’s collecting Deposit

RBI cautions Public about Unauthorised NBFC’s collecting Deposits

The Reserve Bank of India has yesterday cautioned members of the public about unauthorized companies that collect money from the public stating that they...

Non Banking Financial Company – Micro Finance Institutions : NBFC-MFI RBI Notification

The Reserve Bank of India today released a notification that approves the creation of a new category of Non-Banking Finance Companies (NBFC) called NBFC-MFI....

RBI sets broad framework for Malegam to study Indian Microfinance Sector

The Sub-Committee of the Reserve Bank’s Central Board of Directors today finalized its terms of reference. The Sub-Committee chaired by Shri Y H Malegam,...