RBI penalized NBFCs in Gujarat, Tamil Nadu, and Karnataka.

The entities involved

• Gujarat →

  state of India

  • VHP gifted religious symbols to anchors of a Gujarat-based news channel, Pradesh 24 Gujarati.Mon 15:20
  • Gujarat forms part of India's national energy ambitions.Mon 13:54
• Tamil Nadu →

  state of India

  • The Salem City Municipal Corporation is managing the local body's water supply infrastructure and has been contracted for a 25-year revamp.Mon 15:51
  • The government of Tamil Nadu is facing operational challenges in its core utility sector, including outsourcing essential functions to private agencies and failing to fill over 8,000 vacant meter reader posts.Mon 15:09
• Karnataka →

  Indian state

  • The central government is monitoring disease outbreaks occurring within the state of Karnataka.Mon 17:02
  • Karnataka is reviewing its flagship guarantee schemes to check for misuse.Mon 16:16
• 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

Related events

• The Reserve Bank of India (RBI) has issued revised regulatory norms for Non-Banking Financial Companies (NBFCs).Jun 24
• The RBI rejected a NBFC license surrender application, while Shapoorji Pallonji Group holds a stake in Tata Sons.Sep 15
• RBI is considering an appellate structure for SEBI, while EFD handles penal actions on behalf of the Reserve Bank of India.Sep 17
• 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