Search For "nbfc"
Gold loans have grown at CAGR of 20% in last 5 years: Report
Updated : 8 months, 2 weeks ago IST
India's gold loan market has increased from USD 33 billion in FY19 to USD 83 billion in FY24, growing at a compound annual growth rate (CAGR) of 20 per cent, according to Praxis Global Alliance report.
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Shriram Life Insurance Partners with Muthoot Mercantile to Expand Insuranc
Updated : 8 months, 2 weeks ago IST
Thiruvananthapuram (Kerala) [India], June 28: Shriram Life Insurance Company Limited (SLIC) is proud to announce a strategic partnership with Muthoot Mercantile Ltd. (MML), a Kerala-based Non-Banking Financial Company (NBFC) renowned for its gold loan services. Through this collaboration, MM
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Sarbananda Sonowal inaugurates Sagarmala Finance Corporation Limited, Indi
Updated : 8 months, 2 weeks ago IST
The Union Minister of Ports, Shipping & Waterways MoPSW), Sarbananda Sonowal on Thursday inaugurated Sagarmala Finance Corporation Limited (SMFCL), India's first Non-Banking Financial Company (NBFC) in the maritime sector.
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DBS Bank Leads Maiden Green Finance Facility of USD80 Million for Aseem In
Updated : 8 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], June 26: DBS Bank announced the completion of Aseem Infrastructure Finance Limited's (AIFL) first External Commercial Borrowing (ECB) and green loan of USD80 million. AIFL is an RBI registered NBFC - IFC (Non-Banking Finance Company - Infrastructure Finance Comp
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NBFCs loan growth to rise 19% in Q1 FY26 (YoY): Morgan Stanley
Updated : 8 months, 3 weeks ago IST
Loan growth for non-banking financial companies (NBFCs) is expected to remain steady in the first quarter of FY26, rising by 19 per cent compared to the same period last year, and 4 per cent over the previous quarter, according to a recent report by Morgan Stanley.
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How to Invest in HDB Finance's IPO Through HDFC Sky
Updated : 8 months, 3 weeks ago IST
New Delhi [India], June 21: The upcoming public offering from HDB Financial Services Limited is among the most awaited listings of the year. Backed by HDFC Bank, this retail-focused NBFC will open its ₹12,500 crore initial public offering from June 25 to June 27, 2025.
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RBIs project financing norms will have negligible impact on banks, NBFCs:
Updated : 8 months, 3 weeks ago IST
The relaxation in project financing norms by the Reserve Bank of India (RBI) to banks and NBFCs will have a negligible impact on the profitability on their profitability and balance sheet, according to a report by Motilal Oswal.
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NBFCs shifting funding strategy, tapping public deposits and bond markets
Updated : 9 months ago IST
India's Non-Banking Financial Companies (NBFCs) are moving away from traditional way of bank borrowings and increasingly turning to public deposits and domestic bond markets for substantial capital raising, according to a recent report by Deven Chokesey Research.
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Ratnaafin's Debut Campaign 'Ratnaafin Hai Toh Possible Hai' Launched to Em
Updated : 9 months ago IST
Ahmedabad (Gujarat) [India], June 13: Ratnaafin, an NBFC focused on empowering MSMEs and small business owners with customised financial solutions to make their dreams accessible, announces the launch of its new film, celebrating entrepreneurs. Ratnaafin has consistently bridged the credit g
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Cashfree Payments' Secure ID launches AI-powered, Multilingual Video KYC;
Updated : 9 months ago IST
Bangalore (Karnataka) [India], June 12: Cashfree Payments' risk and verification arm, Secure ID has announced the launch of an RBI compliant, AI-powered Video KYC (VKYC) solution today. Aimed to boost user conversions by up to 80%, the platform is built to empower NBFCs, banks, lending platf
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NBFCs outpaces Banks in credit growth in FY25: BCG Report
Updated : 9 months ago IST
Non-Banking Financial Companies (NBFCs) have significantly outpaced commercial banks in credit growth during Fiscal Year 2025, according to a report by Boston Consulting Group (BCG).
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L&T Finance Ltd. Completes the Acquisition of Paul Merchants Finance's
Updated : 9 months, 1 week ago IST
Mumbai (Maharashtra) [India], June 9: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced the completion of the transfer of the gold loan business of Paul Merchants Finance Private Ltd. (PMFL), a wholly owned subsidiary of Paul Mer
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