Tag - RBI

RBI allows NBFCs to tie up with Banks and co-lend to priority sector

The Reserve Bank of India (RBI) has permitted all registered non-banking finance companies (NBFCs) to enter into tie-ups with commercial banks and co-lend loans to the priority sector. Under this newly revised guideline called 'Co-Lending Model’, all NBFCs shall be required to retain a minimum of...

RBI Ban didn’t deter these crypto-exchanges #Jugaad #

Remember the April circular from The Reserve Bank of India (RBI) barring Indian banks from dealing with crypto-currency exchanges? Not much of a dead-end for players who prefer back-end tunnels like conversion to crypto-to-crypto trading platforms or hopping overseas (like Singapore or Estonia)...