Search For "nbfc"
Japan Credit Rating Agency awards SMFG India Credit AA- Rating, 4 Notches
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], December 6: SMFG India Credit (SMICC), a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), has been awarded an international credit rating of "AA-" with a stable outlook by the Japan Credit Rating Agency (JCR). This exceptional outcome places SM
Read More
FinBox launches Industry's first Account Aggregation based data platform
Updated : 1 year, 3 months ago IST
New Delhi [India], December 2: FinBox, One of India's leading credit infrastructure and risk intelligence companies - has recently announced the launch of an Account Aggregator based Customer Data Platform (CDP) This unified platform will enable banks and NBFCs to access extensive customer d
Read More
L&T Finance Ltd. Celebrates 30 Years of Trusted Excellence
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], November 30: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFC), is proud to announce the completion of 30 years of trusted excellence. It was started in 1994; the Company has established itself as a diversified retail NBFC. LT
Read More
NBFCs growth to remain under pressure amid loan disbursement slowdown, tig
Updated : 1 year, 3 months ago IST
The growth of non-banking financial companies (NBFCs) in India is expected to remain under pressure in the financial year 2025 due to a slowdown in loan disbursements and regulatory challenges, according to a report by Nomura.
Read More
Paisabazaar Introduces Advanced Fraud Detection and Prevention System Usin
Updated : 1 year, 3 months ago IST
Gurgaon (Haryana) [India], November 28: Paisabazaar, India's largest lending marketplace, announced today introduction of an advanced Fraud Detection and Prevention System designed on its platform, to enhance trust and ensure responsible lending. The system would leverage sophisticated machi
Read More
Annapurna Finance Recognized for Leadership in Client Protection and Finan
Updated : 1 year, 4 months ago IST
Bhubaneswar (Odisha) [India], November 12: Annapurna Finance Pvt. Ltd. (AFPL), a leading NBFC-MFI in India, has been highlighted in 60 Decibels' 2024 Microfinance Index for its transformative role in enhancing the financial resilience of underserved communities. With a significant focus on w
Read More
Q2 earnings reflect weak performance of FMCG, auto, consumer durables; PSU
Updated : 1 year, 4 months ago IST
The Q2 FY25 earnings season has highlighted challenges across several sectors, causing concern among investors as many companies reported weaker-than-expected performance.
Read More
Secure Your Future: Some of the Best Fixed Deposit Rates in India 2024
Updated : 1 year, 4 months ago IST
New Delhi [India], November 6: Fixed Deposits (FDs) are a popular savings instrument for many Indian investors. They are known for their low risk and stable returns. By locking in your savings for a fixed tenure, you earn a guaranteed interest rate on your principal. However, simply parking
Read More
L&T Finance Ltd. Launches #SapnoWaliDiwali AI-powered Campaign
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], October 29: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, has announced the launch of its #SapnoWaliDiwali campaign. Through this initiative, LTF aims to empower dreams and aspirations, encouraging individ
Read More
Tata Power Renewable Energy partners with IndusInd Bank for collateral fre
Updated : 1 year, 4 months ago IST
Tata Power Renewable Energy has announced partnership with IndusInd Bank to facilitate accessible and affordable solar financing for Micro and Small Enterprises (MSEs), the company informed the exchange in a filing on Tuesday.
Read More
Bihar, UP, Karnataka leading growth of microfinance industry: Report
Updated : 1 year, 4 months ago IST
States like Bihar, Uttar Pradesh and Karnataka are emerging as leaders of growth in the microfinance industry.
Read More
Microfinance Loans at Rs 4.42 Lakh Crore Need Sustainable Financing to Boo
Updated : 1 year, 4 months ago IST
New Delhi [India], October 28: The 'Bharat Microfinance Report' released by Sa-dhan, India's largest self - regulatory organisation of Impact Finance Institutions, has observed that the micro-finance institutions, particularly the 'For - Profit' organisations like NBFC-MFIs, NBFCs and SFBs s
Read More