The RBI recently changed its rules for mobilization of deposits leading to a future expected expansion of non-convertible debentures (NCDs) for deposit-taking housing finance companies (HFCs). As per the new guidelines declared this week, the limit for public deposits has…
As the RBI scales up the requirements for P2P non-bank lending platforms – the industry is gearing up for a request to change rules and clarification. P2P lending companies are expressing concern about the new regulation that seeks to compel…
In June 2024, gross non-banking finance companies of gold loan bonded a robust growth rate while RBI put certain constraints on the cash payment recently, observed a report of CRISIL Ratings. The report underscores the fact that the sustained demand…
RBI Warns on Regulatory Default by NBFC-P2P Lending Platforms, Stiffens Standards. There has been a recent emergence of NBFCs in the Indian market that are engaged in offering P2P lending services, for which several such NBFCs have been found by…
Ola Electric Mobility gets the boost it needs as HSBC gives it a thumbs up sending its shares through the roof. Ola Electric Mobility’s shares rose by 20 percent for the week and touched the upper circuit level of Rs…
The former is a dumb numbs: The SEBI is gradually experiencing some operations as more ‘hardcore’ dues appear over the last three fiscal years. As per the last annual report, such outstanding dues have risen to ₹76,293 crore in FY24…
DSP Mutual Fund has recently come up with India’s first Nifty Top 10 Equal Weight Index Fund & ETF which is a first of its kind in India. This new offering distributes the investments across the 10 largest companies in…
Investing in mutual funds can go a long way in creating a huge corpus for one’s retirement. When SIP is properly adopted, one can invest a small amount of money whereby he or she will be able to amass great…
