RBI issues revised norms for NBFCs and eases lending requirements for IFCs, while Asda cuts prices in the UK retail market.

The entities involved

• Reserve Bank of India →

  central bank of India

  • RBI monitors challenges from crude oil prices and concerns over inflation and slowing growth.Mon 13:28
  • Nomura advises on potential shifts in Reserve Bank of India policy amid changes in the global economic outlook.Mon 13:10
• Asda →

  British supermarket chain

  • The recipient used Asda for past deliveries, and Asda was suggested as a solution for security issues.Mon 14:04
  • Local residents frequented Asda in Warrington, while Kate Byrne and Jenny Davies worked at Deep Pan Pizza.Sat 16:24

Related events

• The Reserve Bank of India (RBI) has issued revised regulatory norms for Non-Banking Financial Companies (NBFCs).Jun 24
• The Reserve Bank of India (RBI) advises Non-Banking Financial Companies (NBFCs) to prioritize asset quality improvement.Sep 10
• RBI introduces a revised framework that classifies large NBFCs, affecting the business structure of Tata Group's holding company, Tata Sons.Jun 25
• The RBI maintains a positive stance on the BFSI sector, noting that policy is subject to the US Fed's decisions and supply-side inflation is transitory.Sep 14