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RBI caps lending limits of NBFCs to bring them on par with banks

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......

In a first, IFC to invest $35 mn in Manappuram

Gold loan companies offer loans to financially-excluded customers and MSMEs by enabling them to monetise their gold without the need for documentary proof of income. International Finance......

7 things to know about Bandhan

The company is set to be India's first microlender to become a bank Kolkata-based microfinance company Bandhan is set to become India’s newest commercial bank. After almost a year of granting......

Access to low-cost funds to help infra lender, says IDFC

Lender for big-ticket projects IDFC, which has won a banking licence, was set up in 1997 as a specialised lender to long-gestation infrastructure projects.   IDFC has, over the years,......

'There's a need for big push on the infrastructure front'

In a scenario of high inflation, liquidity crunch, high interest rates and subdued business sentiment, the Budget is expected to provide certain policy directions which will shape the course of the......

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