RBI proposes stricter rules for housing finance firms

RBI proposes stricter rules for housing finance firms

The RBI on Monday issued a draft circular which proposes to harmonise regulations of housing finance companies (HFCs) with that of non-banking finance companies (NBFCs) in several areas such as minimum capital requirement and deposit taking rules. Jan 16, 2024
FASTags without KYC link to be deactivated after Jan 31: NHAI

FASTags without KYC link to be deactivated after Jan 31: NHAI

The National Highways Authority of India (NHAI) on Monday said that FASTags with incomplete KYC will be deactivated or blacklisted by banks after January 31, as part of its move to enhance efficiency of the electronic toll collection system and provide seamless movement at the toll plazas. Jan 15, 2024