In the October-December quarter, Jana Small Finance Bank has made an accelerated provision of Rs 93 crore, higher than Rs 61 ...
Earlier this week, the RBI announced names of a five-member standing external advisory committee, which will evaluate licence applications for universal and small finance banks. The tenure of the ...
The Reserve Bank of India (RBI) in a significant development has cancelled registration of X10 Financial Services Ltd, a non-banking financial company (NBFC), on account of irregularity in its ...
The Board of Directors of Ujjivan Small Finance Bank (SFB) on Thursday approved to file an application with the Reserve Bank of India (RBI) for universal bank license, the bank informed exchanges.
RBI said the Certificate of Registration has been cancelled as the company violated guidelines on the code of conduct in outsourcing of financial services in its digital lending operations by ...
The company cannot transact the business of a NBFC, RBI said. The Mumbai-based company was providing loans through several service providers (mobile apps), including Wecash Technology, XNP Technology, ...
Mumbai: The Reserve Bank of India (RBI) announced on Tuesday the cancellation of the registration of X10 Financial Services Ltd, a Mumbai-based non-banking financial company (NBFC), due to ...
The Reserve Bank of India (RBI) has cancelled the registration of X10 Financial Services Ltd, a non-banking financial company (NBFC), due to irregularities in its digital lending operations. The ...
According to sources, the MMRC Board has approved the consideration of RBI’s proposal, leading to the cancellation of the auction process. The RFP had outlined plans for the development of the ...