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[ad_1] Following reports of Japan-based MUFG picking up 20 per cent stake in HDB Financial Services, HDFC Bank without confirming plans to sell its stake, hinted...
[ad_1] In a bid to further streamline the unsecured loans market, the Reserve Bank of India has asked some of the larger non-banking finance companies to...
[ad_1] One97 Communications Limited (OCL), which owns Paytm, on Wednesday, said that it is consciously pruning its loan disbursals below ₹50,000. At the same time, this...
[ad_1] Shares of Fedbank Financial Services, the NBFC arm of Federal Bank known as Fedfina, listed at a discount of 1.43 per cent at ₹138 on the...
[ad_1] The capital requirement of banks is expected to increase by 5 per cent, or ₹84,000 crore of additional capital, due to the increase in risk...
[ad_1] Retail lending has grown more in the rural areas relative to the urban areas across lenders, as creditors started tapping the underserved market segment, with the...
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[ad_1] The festival season-led spending and consumer exuberance is driving strong record disbursals for NBFCs, led by both consumer and MSME finance. M&M Financial said it...
[ad_1] M&M Financial Services has entered into a co-lending partnership with the State Bank of India to offer affordable solutions to the NBFC’s customers. Also read:...
[ad_1] Non-banking finance company TVS Credit Services Ltd has posted a profit after tax for the July-September quarter at ₹134 crore up by 40 per cent....
[ad_1] MUMBAI – Liquidity tightening in the banking system following the introduction of the incremental CRR (I-CRR) has prompted banks and NBFCs to raise short-term funds...
[ad_1] The Reserve Bank of India (RBI) has withdrawn the requirement of a sponsor of IDF-NBFCs as a part of its revised regulatory framework issued on...
[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 in the...
[ad_1] The growth outlook for NBFCs and HFCs (housing finance companies) has improved to 13-15 per cent from 11-13 per cent earlier led by an upward...
[ad_1] Provisional figures for Q1FY24 released by banks and NBFCs show that both credit and deposit growth remained robust during the quarter led by sustained demand...
[ad_1] Capri Global Holdings Pvt Ltd (CGHL) has acquired 51 per cent stake in CarLelo, an online new car selling platform, for ₹150 crore. CGHL is the holding company...
[ad_1] BankEdge Academy, a specialised banking and finance training company, targets to find placement for 30,000 graduates in three years on back of huge demand in...