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Non-banking finance companies (NBFCs) | Microfinance industry seeks Rs 250-crore equity support fund from Centre for small lenders

'In order to make the services of MFIs more available so as to cater the credit needs of the unreached population, they need to grow and expand for which growth capital is required,' industry body Sa-Dhan said in a letter to FM Nirmala Sitharaman

RBI Redflags Unauthorised Campaigns On Loan Waiver

“Such activities undermine the stability of financial institutions and above all, the interest of the depositors,” RBI said, , loan waivers, debt waiver, rbi intervention, unauthorised digital lending platforms

Reserve Bank of India (RBI) | Reserve Bank of India cautions against unauthorised campaigns on loan waiver

In a statement, the RBI said it has noticed certain misleading advertisements enticing borrowers by offering loan waivers

RBI cautions public against unauthorised campaigns on loan waiver

The RBI caution came after the central bank noticed certain misleading advertisements enticing borrowers by offering loan waivers.

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