June 11, 2026

non-banking financial companies

Track asset quality closely, RBI tells NBFC chiefs again

Track asset quality closely, RBI tells NBFC chiefs again

admin02 mins

MUMBAI: Reserve Bank of India on Monday warned non-banking financial companies in Mumbai to tighten underwriting and monitor risks closely, marking the third caution in eight days.The RBI met managing directors and CEOs of select NBFCs, including govt NBFCs, housing finance companies and microfinance institutions. The governor said while NBFCs play a key role in…

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RBI governor meets NBFC leaders: Sanjay Malhotra calls for sound underwriting; stresses asset quality

RBI governor meets NBFC leaders: Sanjay Malhotra calls for sound underwriting; stresses asset quality

admin01 mins

RBI governor Sanjay Malhotra (File photo) Reserve Bank Governor Sanjay Malhotra met senior executives of major non-banking financial companies (NBFCs) on Monday to discuss key issues facing the sector, stressing the need for strong lending standards and close monitoring of loan quality.The meeting was attended by heads of government-owned NBFCs, housing finance companies and microfinance…

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