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Tripura govt to hand over NBFI cases to CBI

The Tripura government has decided to hand over the inquiry into complaints against non-banking financial institutions (NBFI) to the Central Bureau of Investigation (CBI).

Odisha doesn`t need new law to deal with NBFIs: Govt

Ruling out any new legislation to curb cheating of small investors in Odisha, Finance Minister Prasanna Acharya today said the 2011 Bill which was awaiting Presidential assent was sufficient to deal with the situation.

RBI cancels NBFI registration certificate of Maruti Securities

The Reserve Bank on Friday said it has cancelled Maruti Securities' registration certificate for carrying on business of a non-banking financial institution (NBFI).