financial regulation

RBI cancels licences of over 130 NBFCs, majority from West Bengal

RBI cancels licences of over 130 NBFCs, majority from West Bengal

Mumbai (Maharashtra) [India], June 10 (ANI): The Reserve Bank of India (RBI) has cancelled the Certificates of Registration (CoR) of…

June 11, 2026

Government extends CGSMFI-2.0 till August; raises loan cap for NBFC-MFIs

New Delhi [India], June 10 (ANI): The Government of India has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0)…

June 10, 2026