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Jio Financial Services gets RBI nod to become core investment company

Jio Financial Services submitted an application to the RBI in November 2023 to convert its status from an NBFC to a Core Investment Company.

People stand next to a logo of Jio Financial Services.(Reuters)
Updated on Jul 12, 2024 09:01 AM IST

Manappuram Finance lodges complaint against manager who exchanged gold with fake jewellery

Manappuram Finance has filed a case against its Ghatkopar branch manager for replacing pawned gold with imitation jewellery; suspect believed to have left the city.

HT Image
Updated on Nov 29, 2023 07:04 AM IST
ByVinay Dalvi

Empowering India’s youth through education finance

For the institutions offering higher education, lack of financial and infrastructural resources and quality teaching staff are the foremost challenges.

Both students and institutions providing higher education face many challenges. For the students, especially those living in smaller towns, cities and rural areas, the most immediate challenge is access to quality education.
Updated on Oct 13, 2023 01:52 PM IST
By, New Delhi

Online tutor held for taking loan of 1.5 cr in students’ name

The accused had availed the loan on the pretext of getting study resources such as books and laptops for his 116 students and had submitted their supporting documents for this, said the police. However, the students had no idea that loans had been taken in their names and claimed that they had not received any of the study resources mentioned.

Online tutor held for taking loan of <span class='webrupee'>₹</span>1.5 cr in students’ name
Updated on May 05, 2023 12:23 AM IST
ByPayal Gwalani

MFIs may get to set interest rates

The RBI had on February 5 signalled the need for a framework that is uniformly applicable to all regulated lenders in the microfinance space.

The proposal, if implemented, will end the existing regulatory cap on MFI interest rate.(MINT)
Updated on Jun 15, 2021 03:22 AM IST
Livemint | ByShayan Ghosh, Mumbai
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