Reserve Bank of India (RBI) has cancelled registration certificates (CoR) of 35 non-banking financial companies (NBFCs) and accepted the surrender of registration by 16 other , while restoring the ...
The issue concerns how NBFCs must now handle customer complaints under the 2026 Directions. The key takeaway is that rejected complaints require independent, apex-level review with strong Board ...
The credit extended by non-banking finance companies (NBFCs) has been rising over the years, underscoring their growing importance in financial intermediation and it increased to 15 per cent of Gross ...
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