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Why Have Gold Loan NBFCs Become Low Hanging Fruit for Robbers?

EXECUTIVE SUMMARY. Even though non-bank finance companies (NBFCs) dedicated to providing loans against gold ornaments are highly profitable and enjoy significant net...

RBI’s Working Group Recommends Foxes Be Put in Charge of Chicken Coops: Cites Foxes’...

EXECUTIVE SUMMARY. “What is the robbing of a bank compared to the founding of one?” – Bertolt Brecht

RBI working group proposes dramatic changes to Indian banking

New suggestions says corporates may become promoters of banks. They could also make NBFCs more competitive, and generate more interest for...