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Reserve Bank of India deputy governor Shirish Chandra Murmu has spelt out five areas of focus for non banking finance companies (NBFCs) and housing finance companies (HFCs) to ensure sustainable growth for the sector.NBFCs must focus on governance, liquidity m
In the fourth quarter of the last financial year, the Indian economy grew at a healthy pace, despite widespread disruptions to energy markets and global trade in March due to the West Asia conflict. In the months thereafter, even as the conflict dragged on, so
New Reserve Bank of India regulations, now effective from July 1, aim to bolster financial stability by limiting bank exposure to real estate and securities. These rules, following a deadline extension, restrict the use of third-party collateral and impose exp
The Reserve Bank of India (RBI) has warned that a sharp correction in global equity markets, particularly if driven by a reassessment of corporate earnings growth and elevated valuations in AI-related stocks, could spill over to domestic markets. AI-related in
Britain has designated cloud service providers Microsoft, Google, Amazon and Oracle as critical third-party suppliers to its financial sector, bringing them under direct regulatory oversight.The move is aimed at strengthening the resilience of financial firms