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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?
0 replies3 likes
Vikram Kumar
Stealth • 2m
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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Anonymous for now
Stealth • 6m
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?
Story of RBI:
RBI: “Let’s call all the big players, discuss how we can pick up user adoption“
*It actually happens*
RBI: “time to ban their license“
7 replies12 likes
Abhishek mishra
Stealth • 15d
mujhe fund ki jarurat hai, NBFC create karna hai.
2 replies3 likes
Atharva Deshmukh
Stealth • 6m
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