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The Reserve Bank of India (RBI) has cancelled the certificate of registration (CoR) of five non-banking finance companies (NBFCs) due to irregular lending practices, including charging excessive interest rates and harassment of customers for loan recovery. The five NBFCs whose CoR have been cancelled are UMB Securities Ltd, Anashri Finvest Ltd, Chadha Finance Ltd, Alexcy Tracon Pvt Ltd, and Jhuria Financial Services Pvt Ltd.
RBI has approved the merger of fintech startup Slice with which bank?
What is the primary objective of RBI’s local cloud data storage pilot program launching in 2025?
Poonawalla Fincorp has received RBI’s approval to issue co-branded credit card in a new age of flexible and versatile retail credit.With which bank is...
Which explosive was successfully tested by the Indian Navy, marking a significant achievement in India's defense self-reliance?
What unique facility was launched by Uber in Dal Lake, Kashmir?
Who among the following is the author of the book titled "Gandhi: Politics and Communalism"
Which Indian bank does IIHL promote?
As per the Union Budget 2023-24, the maximum deposit limit for Senior Citizen Savings Scheme to be enhanced from Rs 15 lakh to Rs _________
Solex Energy partnered with which bank to provide solar project financing across India?
Which organization will evaluate India's Unified Payment Interface (UPI) for integrating cross-border remittances through the global postal network?
