As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) convened for its first meeting of 2024 following the interim budget, expectations are high regarding the decisions that will shape the financial landscape of the year. The meeting, critical for setting the course of India’s monetary policy, is anticipated to maintain the status quo … Read more
The Reserve Bank of India (RBI) has recently implemented significant changes to the credit concentration risk norms for non-banking finance companies (NBFCs), specifically targeting those in the middle layer (ML) and base layer (BL). These adjustments aim to align the regulations for these entities with their larger counterparts, known as upper layer (UL) NBFCs. As … Read more
In the wake of existential threat that stares at the planet, every institution and individual is urged to do their bit for the environment. Financial institutions are expected to fund these projects for the betterment of humanity and for the planet we inhabit. Although it is yet not mandatory for the financial institutions such as … Read more