Orlando, Florida Local News
Top NBFCs seek RBI nod to raise retail deposits
[ad_1] MUMBAI: Large non-banking finance companies (NBFCs) have urged the central bank to allow them to raise deposits from retail investors-a move they say…
Tag: Bajaj Finance
Banking
Bajaj Finance, Shriram Finance follow banks, hike FD rates
[ad_1] Two leading NBFCs -Bajaj Finance and Shriram Finance -have hiked rates on term deposits following a slew of deposit rate hikes by banks…
Banking
Lenders flag rising delinquencies in small ticket unsecured retail loans post RBI caution
[ad_1] A fortnight after RBI cautioned banks against unprecedented growth in unsecured retail loans and asked them to grow “sensibly”, large banks and NBFCs…
Banking
NBFCs maintain growth in Q1, wary of rising unsecured retail leverage
[ad_1] Non-banking financial companies (NBFCs) maintained their growth momentum in Q1 FY24 led by strong demand for retail, especially unsecured, loans and a pick-up…
Banking
Bajaj Finance may spin off its payments business into separate subsidiary
[ad_1] Bajaj Finance is looking to spin off its payments vertical as a separate subsidiary, while in the next 3-5 years it is also…
Banking
Bajaj Finance Q4 PAT up 25% on strong AUM, NII growth
[ad_1] Bajaj Finance posted a net profit of ₹2,837 crore for Q4 FY23, up 25 per cent YoY led by strong growth in net…
Business
Weekly Market Wrap: Nifty, Sensex posted gains in 2nd straight week as US GDP growth eases recession fears
[ad_1] The BSE Sensex gained 652.70 points, or 1.1 per cent, at 59,959.85 during the week ended October 28, 2022, while the Nifty inclined…