The Insurance Regulatory and Development Authority of India (Irdai) notified the extension of its sandbox regulations by another two years to enable the completion of the experiment of the existing sandbox proposals and also to allow new sandbox proposals for the experiment.
The National Housing Bank (NHB) has rolled out a Rs. 10,000-crore 'Special Refinance Facility-2021' (SRF-2021) to provide short term refinance support to housing finance companies (HFCs) and other eligible Primary Lending Institutions (PLIs).
Receivables Exchange of India Ltd (RXIL), leading invoice discounting platform for MSMEs, said it has crossed monthly transaction volumes of Rs 1,000 crore in the month of March.