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Big NBFCs Can Enter Banking Space With Proper Guardrails
The New Indian Express Kochi
|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."
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The New Indian Express Kochi
Now, TMC MP lodges complaint against Guv
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1 min
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Wanted gangster Anmol among 200 Indian nationals deported from US
A special US deportation flight carrying 200 Indians, including Anmol Bishnoi, the younger brother and close aide of gangster Lawrence Bishnoi, two other fugitives wanted in Punjab, and 197 undocumented migrants landed in New Delhi on Wednesday.
1 min
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The New Indian Express Kochi
Tiger returns after decades, marks 9-month stay in Gujarat sanctuary
AFTER several decades, Gujarat saw its first tiger that stayed in the wilderness, when a big cat not only returned but claimed Ratanmahal Wildlife Sanctuary in Dahod as its permanent home.
1 mins
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The New Indian Express Kochi
India, Germany system to avoid copter crash
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2 mins
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The New Indian Express Kochi
India's chess World Cup campaign over
GRANDMASTER Arjun Erigaisi was knocked out of the FIDE World Cup, losing to Wei Yi of China 1.5-2.5 in the first set of tiebreak games here on Wednesday. It was a shocker for Arjun who ran out of luck in the rapid tiebreak games wherein the Chinese put pressure in the first game before eventually drawing while in the second Arjun just lost control and will have to go back home.
1 mins
November 20, 2025
The New Indian Express Kochi
Trump berates journalist over Saudi, Epstein questions; calls her ‘terrible’
DONALD Trump denounced ABC News’ Mary Bruce as a “terrible reporter” on Tuesday and threatened the network’s license to broadcast after she asked him three sharp questions at the White House.
1 min
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The New Indian Express Kochi
Cong dilemma in Upper House
With assembly seats shrinking post Bihar rout, party may lose ground in polls for 75 RS seats next yr
2 mins
November 20, 2025
The New Indian Express Kochi
NUAPADA MANDATE MARKS A POWER SHIFT FOR MAJHI
WHILE the NDA secured a historic mandate in Bihar, the BJP notched up an emphatic victory in the Nuapada bypoll in Odisha.
1 mins
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The New Indian Express Kochi
Another form of talaq now under top court’s glare
Regulation as per constitutional ethos
1 mins
November 20, 2025
The New Indian Express Kochi
T’Puram ISIS case catches NIA interest
THE partner of the UK-based woman, accused of indoctrinating her son in teens to join the ISIS, is the brother of a convict in the Kanakamala Islamic State module case, police said.
1 min
November 20, 2025
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