The report highlighted that the transformation in lending trends has evolved over several phases in the last two decades, with both banks and non-banking financial companies (NBFCs) playing a significant role.
Private banks are losing market share across segments, while public sector banks (PSBs) and non-banking finance companies (NBFCs) continue to gain ground, according to a recent report by JM Financial.
The securitisation market in India witnessed robust growth with the volume reaching at around Rs 45,000 crore, in the first quarter (April-June) of 2024, highlights a report by Crisil.
New Delhi [India], June 14 (ANI): Borrowing costs for non-banking financial companies (NBFC) are expected to become costlier by 85-105 basis points in the current financial year due to an increase in policy rates by the Reserve Bank of India (RBI), CRISIL Ratings said in a report released on
Mumbai (Maharashtra) [India] September 15 (ANI/NewsVoir): Mangal Credit and Fincorp Limited (MCFL), a leading non-banking financial company (NBFC) promoted by industry veteran Meghraj Jain, has announced its' entry into the loan against gold and diamond jewellery market with the launch of it
Mumbai (Maharashtra) [India], April 17 (ANI): Industry experts said on Friday that further revision in reverse repo rate by the Reserve Bank of India (RBI) should add to spurring liquidity in the system and is a positive measure.