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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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Hello Medial Community
Is it mandatory for a fintech who is also engaged in lending activities to get the NBFC licence from RBI?
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Vikram Kumar
Founder at Stockwareย โขย 6m
Navi Finserv Ordered to Cease Loan Disbursement by RBI ๐จ
In a recent development, Navi Finserv, the NBFC arm of Sachin Bansalโs Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa
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gray man
I'm just a normal gu...ย โขย 1m
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 Medialย โขย 10m
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.
What documents and licenses are required to start an online business in the hair health( cosmetic Niche) and is a government license or GST registration necessary for selling on marketplaces?
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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Dipak Bhul
Hey I am on Medialย โขย 3m
i want open a NBFC company and giveing a loan now you thing so what is the difference between other NBFC wich is very different because of features in app i want 10-20 lakh
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
Story of RBI:
RBI: โLetโs call all the big players, discuss how we can pick up user adoptionโ
*It actually happens*
RBI: โtime to ban their licenseโ