Mumbai: RBI deputy governor J Swaminathan asked NBFCs to bolster governance and assurance functions as well as maintain constant vigil against potential risks and vulnerabilities. He was speaking at a ...
Representative Image The Reserve Bank on Tuesday updated its "guidance note" on operational risk management for the financial sector, and also extended it to the NBFCs, including housing finance ...
The Reserve Bank of India (RBI) on Friday said it is committed to fostering a robust and innovative Non-Banking Financial Company sector that would ensure financial stability in the country. The NBFC ...
The move aims to ease capital requirements for non-banking lenders, reduce financing costs, and accelerate credit flow to operational infrastructure projects The Reserve Bank of India (RBI) has ...
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Thomas J Catalano is a CFP and Registered Investment Adviser with ...
On August 20, 2015, the Office of the Superintendent of Financial Institutions (OSFI) released Draft Guideline E-21: Operational Risk Management (Draft Guideline) for comments. With the Draft ...
From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...
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