Search For "mf"
RBI takes action against 4 NBFCs over excessive interest rates, non-compli
Updated : 1 year, 7 months ago IST
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
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Appreciate Becomes the First Company to Enable Mutual Fund Investments on
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], October 8: In a significant milestone for India's financial services sector, Appreciate carried out the first low ticket (Rs. 100) mutual fund transaction on the Open Network for Digital Commerce (ONDC) Network. Appreciate is one of the first buyer apps to go li
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Despite over Rs 45K cr/month investments, India's MFs Industry is much sma
Updated : 1 year, 7 months ago IST
Despite over Rs 45,000 crore of monthly investments in India's mutual funds, the Industry's assets under management (AuM) to GDP ratio is much less as compared to the world average says a report by financial services firm Prabhudas Lilladher (PL).
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Maldives Fund Management Corporation's Triumphant Presence at Future Hospi
Updated : 1 year, 7 months ago IST
Dubai [UAE], October 7: The Maldives Fund Management Corporation (MFMC) participated in the prestigious Future Hospitality Summit (FHS) 2024, held in Dubai from September 30th to October 2nd. As a government-backed organization driving investment in the Maldives, MFMC represented the island
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SATYA MicroCapital Limited Secures Rs 1000 Mn Debt Funding from Japan Base
Updated : 1 year, 7 months ago IST
New Delhi [India], September 27: RBI registered NBFC-MFI, SATYA Micro Capital Limited has successfully raised Rs 1000 Mn from Mizuho Bank Ltd. which is a subsidiary of Mizuho Financial Group, Inc. Expanding its lender base, it is for the very first time that SATYA has been backed by Mizuho B
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Despite subdued global demand, Steel prices stable in India because of inc
Updated : 1 year, 8 months ago IST
The global steel market is currently facing subdued demand, exerting downward pressure on metal prices. However, the scenario in India remains different, as highlighted in a report by Shriram Mutual Fund.
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Maiden Forgings Limited Registers 4 Acres of Land in Modinagar for Consoli
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], September 17: Maiden Forgings Limited (MFL) (BSE - 543874), one of the leading manufacturers of a wide range of Bright Steel bars and wires for the past 35 years, is pleased to announce the successful registration of approximately 4 acres of land in Modinagar, G
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Mumbai: Elderly woman dies after fire breaks out at apartment in Mulund
Updated : 1 year, 8 months ago IST
According to the Brihanmumbai Municipal Corporation (BMC), the Mumbai Fire Brigade (MFB) reported the incident at 12:24 pm at Opal Apartment, located near the Sonapur signal on LBS Road in Mulund (West), Mumbai.
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Annapurna Finance, British International Investment, and FinReach Solution
Updated : 1 year, 8 months ago IST
New Delhi [India], September 13: Annapurna Finance Pvt. Ltd., one of India's leading Non-Banking Financial Companies and Microfinance Institutions (NBFC-MFI), has entered into a landmark partnership with British International Investment (BII), the UK's development finance institution and imp
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India's strong economic recovery is led by fiscal expenditure: DSP MF
Updated : 1 year, 8 months ago IST
Sahil Kapoor, Head of Products and Market Strategist, DSP Mutual Fund, said, "The calm in the markets, marked by an unnerving lack of volatility, is a double-edged sword. While it provides a sense of stability, it also masks underlying risks that could surface unexpectedly, catching investor
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SATYA MicroCapital Limited Secures Rs 500 Cr (USD 60Mn) Debt Funding from
Updated : 1 year, 8 months ago IST
New Delhi [India], September 7: RBI-registered NBFC-MFI SATYA MicroCapital Limited has once again secured Rs 500 Cr (USD 60Mn) from Sumitomo Mitsui Banking Corporation (referred as SMBC hereafter), a renowned Japanese multinational financial services institution under Sumitomo Mitsui Financi
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Jana Small Finance Bank Sweeps 4 Awards at ICC Emerging Asia Banking Concl
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], August 26: Jana Small Finance Bank has once again cemented its status as a frontrunner in the Indian banking industry. The bank's commitment to excellence and innovation was recognized at the prestigious 2nd ICC Emerging Asia Banking Conclave & Awards, where
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