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#Bajajfinance has made required changes in response to the regulatory restriction imposed by #RBI on the company, on sanction and disbursal of loans under 'eCOM' and 'lnsta EMI Card'. The Company has formally requested RBI for a review and removal of these restrictions.
#RBI wants lenders to allocate 5% for #projectloans, regulation outlines provisions for both standard project loans, including infra & non-infra projects, & loans towards real estate
#MarketAtClose | #Market ends largely lower amid volatility, Midcaps underperform

#RBI’s draft on infra lending drags PSUs, PSU Bk & PSE indices slip 3-4%

Most sectoral indices slip while volatility index rises to a 52-week high
#RBI to hold a conference for #NBFCs’ assurance function heads

The meeting assumes significance amid the increased regulatory focus on strict compliance by regulated entities
#RBI to hold a conference for #NBFCs’ assurance function heads

The meeting assumes significance amid the increased regulatory focus on strict compliance by regulated entities
#RBI to conduct 2-day Variable Rate Repo (#VRR) auction of Rs 75,000 cr under LAF on May 22, 2024
Expect Q4 GDP print to be strong due to #election related spending. FY25 GDP growth likely between 6.5 – 7%, says JPM's Jahangir Aziz. All eyes on July Budget to see how govt uses #RBI dividend cushion
#RBI’s #BalanceSheet size #swells 11% to Rs 70.48 lakh cr in FY24
#ECLFinanceLimited on May 30 said that it took note of #RBI’s guidance and will take necessary remedial steps as required immediately
IIFLFinance's special audit will be submitted to the #RBI, which will take 4-6 weeks to resolve.
Three names likely to have been submitted to #RBI for MD & CEO post of #FederalBankLtd

KVS Manian, Ex Dy MD, Kotak Mahindra Bank, is likely the external candidate, likely internal candidates are Shalini Warrier & Harsh Dugar, EDs of the bank
#RBI special audit over, necessary measures taken to address regulatory concerns: IIFL Finance.
#FederalBank rises more than 3% after #RBI approves appointment of Krishnan Venkat Subramanian as #MD & #CEO of the bank w.e.f. September 23, 2024
Govt approves #Paytm's FDI proposal for payment aggregator business

👉Paytm can approach #RBI to seek payment aggregator license which #CentralBank will evaluate
#AxisBank says it has already initiated corrective measures to align operations with stipulations of #RBI

Alert: RBI imposed a penalty of Rs 1.91 cr on the bank for non-compliances
#IndusIndBank re-appoints Sumant Kathpalia as MD & CEO for 5 years w.e.f. March 24, 2025, re-appointment is subject to #RBI & shareholders approval
Sources To #Reuters: #RBI asks Private & PSU Banks to avoid aggressive bets against #Rupee
#BandhanBank rises nearly 9% on #RBI nod for for Partha Pratim Sengupta as the bank's new MD & CEO
#NewsFlash | #RBI takes action against select #NBFCs including NBFCs-MFIs. Directs four NBFCs to stop sanction, disbursal of loans w.e.f. October 21.

4 NBFCs are Asirvad Micro Finance, Arohan Financial Svcs, DMI Finance & Navi Finserv Limited
#JustIn | #PBFinancial account aggregators gets #RBI nod to commence #NBFC business as an account aggregator, says #PBFintech