Did you know? Gold loans in India are projected to cross ₹10 lakh crore in FY25 and surge to ₹15 lakh crore by 2027!
🏆 NBFCs are leading the charge, growing at 17-19% YoY, thanks to:
✅ Faster approvals
✅ Flexible repayment options
✅ Higher LTV...
The Reserve Bank of India (RBI), led by Governor Sanjay Malhotra, recently held a crucial meeting with leading Non-Banking Financial Companies (NBFCs)—his first such interaction since taking office. The meeting brought together MDs and CEOs fro...
In the fast-paced world of fintech, many entrepreneurs are eyeing the potential of acquiring an NBFC (Non-Banking Financial Company) or applying for new NBFC registrations.
But here’s the reality: Most attempts fall short. Whether you're...
India’s digital lending space has witnessed tremendous growth, making credit more accessible to individuals and MSMEs. However, with this growth has come a dark side—a rise in unregulated lenders engaging in:
❌ Predatory inte...
On August 16, 2024, the Reserve Bank of India (RBI) issued a notification announcing significant revisions to the Master Direction – Non-Banking Financial Company – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017 (‘Dir...
The fintech industry is witnessing rapid growth and innovation, with companies continuously seeking new avenues to expand their reach and improve their service offerings. One significant trend that has emerged is the acquisition of Non-Banking Financ...
Introduction
Jio Financial Services (JFS), a financial arm of the energy-to-telecom conglomerate Reliance Industries Limited (RIL), has recently transitioned from a Non-Banking Financial Company (NBFC) to a Core Investment Company (CIC). This sign...
Introduction
The financial technology (fintech) sector has been experiencing unprecedented growth, with companies continually seeking innovative ways to expand their reach and enhance their offerings. One significant trend is the acquisition of no...
Please remember the following information regarding Non-Banking Financial Companies (NBFCs):
NBFCs play a vital role in providing funding to the Indian economy, and the Reserve Bank of India (RBI) is responsible for regulating and supervising thes...
Are you an entrepreneur with a vision to venture into the financial sector in India? Are you looking to establish a Non-Banking Financial Company (NBFC) but unsure of where to begin? Look no further! In this article, we'll delve into the intricac...