RBI cautions NBFCs on rapid growth, vows action against unsound practices
Millennium Post Delhi|October 10, 2024
MUMBAI: The Reserve Bank on Wednesday said it has come across instances of investors pushing some non-banking finance companies (NBFCs) to grow aggressively, which is leading to inappropriate business practices.
AGENCIES
RBI cautions NBFCs on rapid growth, vows action against unsound practices

Flagging risks like poor customer service, entities' own finances coming under strain and even a possible dent to financial stability through such practices, Governor Shaktikanta Das warned that the RBI will "not hesitate" to take action against errant entities if they continue to follow such practices. Das made it clear that the risk is not at a systemic level and it is only a few entities where the RBI has observed certain issues.

هذه القصة مأخوذة من طبعة October 10, 2024 من Millennium Post Delhi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 10, 2024 من Millennium Post Delhi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من MILLENNIUM POST DELHI مشاهدة الكل
Sharvari credits her films for giving 'courage and faith' in her journey
Millennium Post Delhi

Sharvari credits her films for giving 'courage and faith' in her journey

She's undergoing heavy training for her fight sequences for her upcoming film 'Alpha'

time-read
1 min  |
October 10, 2024
I was in severe depression: Shilpa Shirodkar
Millennium Post Delhi

I was in severe depression: Shilpa Shirodkar

She is now a part of the latest season of 'Bigg Boss'

time-read
1 min  |
October 10, 2024
"'Audience has become very negative'
Millennium Post Delhi

"'Audience has become very negative'

The 'RRR' star said that 'we are not able to enjoy a film in an innocent manner anymore'

time-read
1 min  |
October 10, 2024
"'All We Imagine As Light' to open MAMI Mumbai Festival next week
Millennium Post Delhi

"'All We Imagine As Light' to open MAMI Mumbai Festival next week

Payal Kapadia's 'All We Imagine As Light', the winner of the Grand Prix award at the 77th Cannes Film Festival, will hit Indian screens in November followed by its premiere at the MAMI Mumbai Film Festival, where it will serve as the opening film.

time-read
1 min  |
October 10, 2024
Triptii cried for days after 'Animal' release
Millennium Post Delhi

Triptii cried for days after 'Animal' release

She is known for 'Bulbbul' and 'Qala'

time-read
1 min  |
October 10, 2024
Millennium Post Delhi

Arshdeep Singh enters top 10 among bowlers in ICC T20l rankings

DUBAI: Riding on a string of impressive performances, Indian seamer Arshdeep Singh entered the top 10 among bowlers and was placed eighth in the ICC T20I rankings issued here on Wednesday.

time-read
1 min  |
October 10, 2024
Nitish sizzles with bat and ball as India seal series with 86-run win
Millennium Post Delhi

Nitish sizzles with bat and ball as India seal series with 86-run win

The 21-year-old Reddy (74 off 34 balls) played the most attractive innings of his nascent career while also taking a couple of wickets (2/23) with his seam bowling.

time-read
2 mins  |
October 10, 2024
WT20: India give big push to NRR with 82-run win over SL
Millennium Post Delhi

WT20: India give big push to NRR with 82-run win over SL

DUBAI: The seasoned duo of Smriti Mandhana and Harmanpreet Kaur was back to its sizzling best as India gave a massive boost to their net run rate with an 82-run hammering of Sri Lanka in the Women's T20 World Cup here on Wednesday.

time-read
1 min  |
October 10, 2024
RBI cautions NBFCs on rapid growth, vows action against unsound practices
Millennium Post Delhi

RBI cautions NBFCs on rapid growth, vows action against unsound practices

MUMBAI: The Reserve Bank on Wednesday said it has come across instances of investors pushing some non-banking finance companies (NBFCs) to grow aggressively, which is leading to inappropriate business practices.

time-read
1 min  |
October 10, 2024
Millennium Post Delhi

Sensex and Nifty reverses gains on fag-end selling

MUMBAI: Benchmark Sensex reversed its gains and closed lower by 167 points on Wednesday due to profit-taking in select blue-chips in the last hour even as the RBI took the first step towards a rate cut in its monetary policy review.

time-read
1 min  |
October 10, 2024