Search Results for Tag : Non-banking financial companies

News

SC: NBFCs Cannot be Regulated by State Enactments(11.05.2022)

Supreme Court has ruled that state laws cannot govern Reserve Bank of India-regulated non-banking financial companies (NBFCs). The top court stated th.....

Tags : Supreme Court, Non-banking financial companies, Reserve Bank of India

RBI Cancels License of 56 NBFCs(07.12.2015)

Reserve Bank of India (RBI) has cancelled a bulk of Non-Banking Financial Companies (NBFCs) Licence, for either violating regulatory norms or surrende.....

Tags : Reserve Bank of India , Non-Banking Financial Companies

SC: Banks Can Invoke SARFAESI for Loans Acquired from NBFCs Outside the Act(03.09.2026)

Supreme Court held that banks can invoke the SARFAESI Act to recover debts assigned to them by NBFCs, even if the NBFCs were not covered under the Act.....

Tags : Banks; Non-banking financial companies; Loans