The Indian central bank is upset with erring non-banks. Why?
The Reserve Bank of India (RBI) has once again taken firm action against a prominent player in India’s financial services industry. On May 29, the...
RBI clamps down on Edelweiss group; imposes restrictions on ECL Finance, ARC
In the latest instance of strict actions against non-banking lenders, the Reserve Bank of India (RBI) on May 29 announced supervisory actions against ECL Finance...