NBFCs
- India
PhysicsWallah to exit direct student lending, partner with NBFCs
New Delhi: Edtech firm PhysicsWallah on Thursday, June 4, said it plans to exit from the business of direct financing for students and instead partner with NBFCs for education loans. The move…
- Business
Personal loans from banks, NBFCs may get costlier as RBI tightens norms
Mumbai: The Reserve Bank on Thursday tightened norms for unsecured personal loans for banks and non-banking financial companies. The revised norms wherein risk weights have been increased by 25 percentage points will not…
- Business
Reserve Bank issues fresh norms for personal loans
Mumbai: The Reserve Bank on Friday asked banks to provide fixed interest rate option to individual borrowers and directed the lenders to levy only reasonable penalty charges in case of default in…
