Mumbai (Maharashtra) [India], October 24: HDB Financial Services Limited (HDBFS), a leading NBFC, has announced partnership with Haryana Steelers in the Pro Kabaddi League. With a common vision to empowering individuals to unlock their potential, the collaborative effort will enable millions
Pune (Maharashtra) [India], October 24: Fixed Deposits (FDs) remain one of the most preferred investment options, especially for risk-averse individuals seeking a stable return. The guaranteed returns, relatively higher interest rates compared to a regular savings account, and flexibility in
New Delhi [India], October 21: Usha Financial Services Limited (UFSL), a leading RBI registered Non-Banking Financial Company (NBFC), is gearing up for its much-awaited Initial Public Offering (IPO). This marks a significant milestone in the company's efforts to expand its services in the ar
The non-banking financial companies (NBFCs) that focus on gold loans are poised to gain from the dual tailwinds of rising gold prices and potential rate cuts in the near future, Jefferies said in a report.
Reserve Bank of India's (RBI) Thursday action against four NBFCs and asking them to cease and desist from making new loan sanctions and disbursements, a report by Morgan Stanley suggests more lending companies might face similar scrutiny.
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
New Delhi [India], October 14: Usha Financial Services Limited, one of the leading RBI licensed Non-Banking Financial Companies (NBFCs) in India, is proud to announce the upcoming opening of its Initial Public Offering (IPO) soon. The company received official approval on October , 2024, fro
Mumbai (Maharashtra) [India], October 14: Shriram Finance, one of India's most reputed NBFCs, offers competitive interest rates, starting at 10%* p.a. on its Two-Wheeler Loan. Designed to make owning a bike more affordable for customers, Shriram Finance provides up to 100% financing 1 on the
Mumbai (Maharashtra) [India], October 14: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with UGRO Capital, a leading DataTech non-banking financial company (NBFC) specializing in lending to micro, small and medium enterprises (MSMEs), ha
Pune (Maharashtra) [India], October 10: With the festive season just around the corner, excitement for new possibilities and grand celebrations fills the air. For many, it is the perfect moment to chase a long-cherished dream--owning a new car. While the process of selecting the right new ca
The Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned Non-Banking Financial Companies (NBFCs) that give incentives and fixed targets for granting loans to their employees.
It has achieved significant growth in its loan disbursements for the half-year ended September 30. In Q2 FY24-25, REC disbursed Rs47,303 crore in loans, representing a 13.71 per cent YoY increase compared to Rs41,598 crore in Q2 FY23-24.