The NBFC license will enable the launch of a new lending division - MobiKwik Financial Services Private Limited (MFSPL, a wholly owned subsidiary), which...
Consequently, Paytm Payments Bank Limited is prohibited from conducting the business of ‘banking’ or any additional business with immediate effect and RBI will make...
He was stressing on financial stability while addressing on the topic RBI’s Role in India’s Growth and Navigating Global Challenges - at Princeton University,...
The revised framework removes discretionary assessment and relies solely on a fixed Assets Under Management (AUM) threshold of over Rs 1 trillion for classification,...