The stringent guidelines outlined in a circular on 19 December aim to curb lenders use of AIFs to transfer funds, assisting nearly delinquent borrowers and concealing stress on loan books, , reserve bank of india, Alternative Investment Fund (AIF), Non-Banking Financial Companies (NBFCs), scheduled commercial banks (SCBs)
Business solutions provider Quess Corp s Apprentice Skill Trends Report said there has been an over 250 per cent annual increase in apprentice headcount in the IT/ITES space in 2023 compared to last year as companies look at lowering the cost of their workforce.
The headcount of apprentices in the IT and ITES segment witnessed a steep rise this year and more such people are expected to be hired by companies in the coming months as well, according to a report released on Thursday.
Business solutions provider Quess Corp s Apprentice Skill Trends Report
Easily accessible but predatory lending apps charging usurious rates of interest need immediate attention. A public whitelist constantly updated to keep track of every digital lending app out there and notifying RBI as a nodal regulatory agency are key first steps that can help India get cracking on a scourge that threatens to damage a sector with immense growth potential
The central bank last week increased the risk weights on unsecured consumer loans and credit card exposure of banks and NBFCs while raising the capital that banks must set aside in their NBFC loans