5thentity. The lack of any basis for the response is evident from the approach – apply to us by way of a letter, and then we will let you know whether approval is needed or not. It is sad that a regulator/supervisor sits to decide whether the matter comes within the regulatory ambit...
Bonds can also be sold to ordinary investors, which give NBFCs a significant edge when it comes to bond placement. Loan securitization Between October 2018 and September 2019, NBFCs raised INR 2.36 lakh crore by selling their loans in the market through securitization. Securitization is a ...
Budget 2025: E2W sector seeks sops, PM E-DRIVE revival, reduced GST 20-01-2025 GST officers must provide written grounds of arrest under new guideline Rupee REER declines in December after November peak, shows RBI data RBI sold record $20.2 billion in November to back rupee amid FPI outflo...
given the sector’s improving financial profile. While 11,402 NBFCs are operating in the country, it’s the top 400 NBFCs, primarily backed by banks and finance companies, which control 90% of the sector’s AUM. NBFCs are required to maintain a...