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Kotak Mahindra Finance became India's first NBFC to be converted into a bank after being granted an RBI banking license in 2003.
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Navi Finserv Ordered to Cease Loan Disbursement by RBI 🚨
In a recent development, Navi Finserv, the NBFC arm of Sachin Bansal’s Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa
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Mahendra Lochhab
Content creator • 18d
As per RBI statistics, the size of NBFC sector was pegged at Rs 54 Lakh crores in 2021, which was equivalent of 25% of the asset size of whole banking sector.
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gray man
I'm just a normal gu... • 2m
BharatPe announced today that its subsidiary, Resilient Payments Private Limited, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA).
With this approval, the company stated that it is now
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Anonymous for now
Hey I am on Medial • 1y
Hey, I am a CA inter aspirant working at a NBFC for a year now.
My question is should I continue in the NBFC as an accounting who's trying to raise private equity or switch and try to get into investment banking.
1 replies2 likes
Rohan Saha
Founder - Burn Inves... • 3d
The Rise Of NeoBanks -
Back in 2015-16 India had a massive fintech moment thanks to neobanks but no one really talks about it now. It is like that chapter in our digital journey that just got skipped.
Freo was the first to introduce neobanks in In
Hey all ,
I am currently working on a Fintech application and it is almost in the finishing stage( app & web application is developed).
As it is an application which involves money transactions. I need some experts to guide me to get those licenses
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0 replies4 likes
Atharva Deshmukh
Daily Learnings... • 1y
Brief History of RBI
The Reserve Bank of India (RBI) was established on April 1, 1935, based on the Hilton Young Commission's recommendations and the Reserve Bank of India Act, 1934.
Initially, the RBI took over the functions of the Controller of