Search For "nbfc"
Piramal Finance Partners with Punjab & Sind Bank to Boost Lending in S
Updated : 12 months ago IST
Mumbai (Maharashtra) [India], March 18: Piramal Capital & Housing Finance Limited (Piramal Finance), a leading Non-Banking Financial Company (NBFC), and Punjab & Sind Bank, one of India's premier public sector banks, have entered into a strategic co-lending partnership to enhance cre
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NBFC sector strengthens with RBIs positive stance and rate cut support for
Updated : 12 months ago IST
With stabilizing asset quality, improving liquidity, and emerging rate tailwinds, the sector is poised for steady growth. The overall macroeconomic environment is improving with increased government spending and RBI's measures to ease liquidity constraints.
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SATYA MicroCapital Limited Advances its Vision of Serving 10 mn Households
Updated : 1 year ago IST
Noida (Uttar Pradesh) [India], March 13: SATYA MicroCapital Limited, NBFC-MFI for micro entrepreneurs, has announced its vision to serve 10 million households by 2030. The target aligns with its vision of fostering entrepreneurship and financial independence, particularly among women-led ent
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Want To Boost Your Credit Score Easily? Here's How OneScore Can Help
Updated : 1 year ago IST
Pune (Maharashtra) [India], March 13: A low credit score is a common reason for the rejection of loan applications or unfavourable terms. A poor score indicates a higher level of risk for the lending bank or NBFC, making it more difficult for borrowers to secure the desired loan amounts, qui
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Exploring Fixed Deposit Interest Rates with Shriram Finance
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 13: Shriram Finance, a leading Non-Banking Financial Company (NBFC) in India, offers compelling fixed deposit interest rates, allowing potential investors to make the most out of their hard-earned money in a stable way.
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Indian corporates need Rs 120 lakh cr debt by FY30 for Capex and working c
Updated : 1 year ago IST
The corporate in India will need to raise about Rs 115-125 lakh crore in debt between FY26 and FY30 to fund capital expenditure (capex), working capital, and the financing needs of non-banking financial companies (NBFCs), according to a report by Crisil.
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Govt should ease lending restrictions on NBFCs to improve credit for MSMEs
Updated : 1 year ago IST
In a bid to enhance the availability of credit for Micro, Small, and Medium Enterprises (MSMEs), the World Bank in a report stated that the government should remove the interest cap on NBFCs to ease the lending restriction.
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With a revenue of over Rs 26,600 crore IRFC becomes India's third-largest
Updated : 1 year ago IST
IRFC has played a key role in funding nearly 80 per cent of Indian Railways' rolling stock and was the first CPSE to issue a 30-year tenor bond in overseas markets.
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Save with Trust: Sundaram Finance Launches Digital Deposit Facility
Updated : 1 year ago IST
New Delhi [India], March 4: Sundaram Finance Ltd, one of India's most trusted NBFCs, has introduced a Digital Deposit facility, making savings simpler, safer and more accessible than ever. For over 70 years, Sundaram Finance has been a name synonymous with trust and financial security. With
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IMF cautioned of systemic risks in India's NBFC sector due to high exposur
Updated : 1 year ago IST
The International Monetary Fund (IMF) has raised concerns about potential financial instability in India due to the concentrated exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sector.
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After strict regulations in 2023 & 2024, RBI's Policy shift boosts Ban
Updated : 1 year ago IST
After a period of strict regulations in 2023 and 2024, the Reserve Bank of India (RBI) has now shifted its stance, benefiting the banking sector in a significant way, according to a report by CLSA Research.
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RBIs new governor adopting a more consultative approach in decision making
Updated : 1 year ago IST
The Reserve Bank of India (RBI) has adopted a more consultative approach under its new Governor, as reflected in its recent decision to roll back the increase in risk weightage on loans to Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs), according to a report by
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