“On a review of the issues involved and after detailed discussions with all stakeholders, as also keeping in view that sufficient time has elapsed since the requirements were specified, there shall be no change in the effective date of implementation of the requirements – all entities, except card issuers and card networks, shall purge the CoF data before October 1, 2022,” the regulator said in a notification on its website.
Select SFBs and MFI players positioned for earnings upside: Rajiv Mehta
Non-banking financial companies are demonstrating early resilience, with collections holding firm across key segments like vehicle finance and microfinance. Despite lingering macroeconomic uncertainties and inflation,