Bharat Express

Non-Banking Financial Companies

The Reserve Bank of India’s (RBI) latest Financial Stability Report, released on Monday, highlights the strong macroeconomic fundamentals supporting the Indian economy.

The RBI has imposed strict regulatory actions on four NBFCs - Asirvad, Arohan, DMI, and Navi - over major supervisory concerns.

RBI is considering a proposal to increase the frequency of credit information reporting to CICs to every two weeks or even shorter intervals.