Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private. IMAGE: Bombay House in Mumbai, the headquarters of the Tata Group. Photograph: Hitesh......
Payouts to key management personnel in non-banking financial companies (NBFCs) are under the banking regulator’s scrutiny. Top industry officials said this is a follow-through on the Reserve......
Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. Photograph:......
On November 12, 2021, the Reserve Bank of India (RBI) decided to ring in uniformity in asset classification and income recognition across all lending institutions. Illustration: Dominic......
Maruti S-Presso got zero star for adult occupant protection and two stars for child occupant protection. Maruti Suzuki S-Presso, a mini SUV, did poorly in a safety test conducted by Global New Car......