Hyderabad (Telangana) [India], August 13 (ANI/BusinessWire India): Earlier, Gen X used to apply for a personal loan to tick off their needs. Whether it is funding children's education, buying a car, or making a down payment to buy a house; for every need, a personal loan was a mainstream fin
Mumbai (Maharashtra) [India], August 5 (ANI/PNN): Comfort Fincap Ltd, an NBFC of the Comfort Group has released the financial results for the first quarter of FY 2021-22 (ending June 2021).
New Delhi, (Delhi), [India], July 28 (ANI/NewsVoir): Delhi based, MSME focused, digital lender Prest Loans (www.prestloans.com) has signed up a strategic alliance agreement with Mumbai based U GRO Capital (www.ugrocapital.com), a BSE listed technology enabled NBFC, to provide secured busines
Pune (Maharashtra) [India], July 23 (ANI/BusinessWire India): Magma Fincorp Limited, a RBI-registered non-banking finance company (NBFC) has been rechristened as Poonawalla Fincorp Limited and has initiated rebranding activity, following the acquisition of controlling stake by Adar Poonawall
Mumbai (Maharashtra) [India], July 5 (ANI/BusinessWire India): Neowise Technologies, aspiring to be a credit led digital banking platform co-founded by Rohit Ramachandran and Siddarth Padmanabhan, recently partnered with Kalandri Capital Pvt. Ltd, an RBI licensed NBFC.
Kochi (Kerala) [India], June 26 (ANI/NewsVoir): Muthoottu Mini Financiers Ltd. (MMFL), one of the leading non-banking finance companies (NBFC) in India today announced its annual financial results. The company has registered a growth of 18 percent for the financial year 2020-21.
New Delhi [India], June 26 (ANI): Covered bonds backed by security pool of gold loans and vehicle loans are findling favour with investors, rating agency ICRA has said.
Mumbai (Maharashtra) [India], June 17 (ANI): Harmonisation guidelines proposed by the Reserve Bank of India (RBI) for non-banking finance companies and microfinance institutions (NBFCs-MFIs) are need of the hour to address diverse interpretations of regulations by multiple forms of entities,
New Delhi [India], June 17 (ANI/SRV Media): The Covid pandemic has created a huge discrepancy in people's financial situations due to job losses and business closure. It is even more difficult to manage finances now in the middle of this crisis.
Mumbai (Maharashtra) [India], June 12 (ANI): A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, according to Crisil Ratings.
Mumbai (Maharashtra) [India], May 20 (ANI/BusinessWire India): Mangal Credit and Fincorp Ltd. one of India's fastest-growing NBFC which is based out of Mumbai today announced its financial results for the quarter & year ended March 31, 2021, and reported that the Company's quarterly &
New Delhi [India], May 3 (ANI): The Reserve bank of India Governor, Shaktikanta Das on Monday met managing directors (MD) and Chief Executive officers (CEOs) of Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) via video conferencing.