DID YOU KNOW !?
Kotak Mahindra Finance became India's first NBFC to be converted into a bank after being granted an RBI banking license in 2003.
Like and follow for more.
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 • 1m
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
See More
0 replies2 likes
Anonymous for now
Stealth • 5m
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.
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
Atharva Deshmukh
Stealth • 5m
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
See More
2 replies10 likes
CA Dipika Pathak
Stealth • 7m
RBI bars Kotak fresh credit cards
4 replies7 likes
Ajink Gupta
Stealth • 3m
Idea is to build an android app for engineering students offering connections like linkedin, groups and helping them to practice for aptitude, DSA, technical interview and GD !
0 replies4 likes
Sajin
•
Foundation • 18d
65Crore smartphone users and 120Crore Internet users according to OpenGovtData, RBI and MoneyControl.
Can someone explain this?