September 16, 2022
RBI caps lending limits of NBFCs to bring them on a par with those of banks
Prescribes 9% CET1; Tightens norms for realty sector; loans to board members In yet another move to close the regulatory gap between banks and shadow banks, the Reserve Bank of India (RBI) has mandated exposure limits to the non-banking finance companies, in line with commercial banks. In the large exposure framework released on Tuesday, the […]
September 16, 2022
Unsecured loans: What MSMEs should do to get credit from banks, NBFCs without collateral
In yet another move to close the regulatory gap between banks and shadow banks, the Reserve Bank of India (RBI) has mandated exposure limits to the non-banking finance companies, in line with commercial banks. In the large exposure framework released on Tuesday, the regulator capped aggregrate exposure of NBFCs which are in the upper layer […]
September 16, 2022
9,800 MSME loans sanctioned in FY22 under SIDBI’s 59-minute loan scheme; this many disbursed
In yet another move to close the regulatory gap between banks and shadow banks, the Reserve Bank of India (RBI) has mandated exposure limits to the non-banking finance companies, in line with commercial banks. In the large exposure framework released on Tuesday, the regulator capped aggregrate exposure of NBFCs which are in the upper layer […]