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Big NBFCs Can Enter Banking Space With Proper Guardrails
The New Indian Express Kannur
|July 26, 2025
In a major break from the past, the Reserve Bank Governor Sanjay Malhotra on Friday said large non-bank finance companies can enter banking provided enough guardrails are put in place.
Existing norms don't allow NBFC-promoted business groups or corporates directly to convert themselves into banks or enter the banking space even though they are eligible to become small finance banks or payment banks under stringent eligibility norms. In a fireside chat at the Financial Express-organised BFSI summit here on Friday, the governor said, "RBI has a cautiously open approach to the evolving financial landscape."
Esta historia es de la edición July 26, 2025 de The New Indian Express Kannur.
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MÁS HISTORIAS DE The New Indian Express Kannur
The New Indian Express Kannur
MP crackdown against carbide gun makers as eye injury cases reach 300
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2 mins
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1 mins
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The New Indian Express Kannur
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1 min
October 25, 2025
The New Indian Express Kannur
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2 mins
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The New Indian Express Kannur
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4 mins
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The New Indian Express Kannur
Capacity overload: Study recommends cap on houseboats in Vembanad lake
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1 min
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The New Indian Express Kannur
DON'T CRITICISE CITIZENS DEMANDING BETTER INFRA
HE acrimonious exchange between Karnataka’s top political and corporate leaders over Bengaluru’s failing infrastructure has only served to highlight the reality that has become the city’s identity—cratered roads, traffic bottlenecks, and garbage piles.
1 mins
October 25, 2025
The New Indian Express Kannur
Senapati decked up to greet & honour Muivah
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2 mins
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