Search For "nbfc"
ART Housing Finance Honoured as the "Most Trusted Service Provider for the
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], September 12: ART Housing Finance, a prominent Housing Finance Company (HFC) with a robust presence across 8 states and 49 branches, has been awarded the prestigious title of "Most Trusted Service Provider for the BFSI Sector" at the Synnex India NBFC Summit &am
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L&T Finance Ltd. Wins Fintech for Good - 'Champions of ESG' Award at t
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], September 9: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, is delighted to announce that it has been conferred with the Fintech for Good - 'Champions of ESG' Award at the Global Fintech Fest (GFF) 2024 hel
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Education loans to remain among fastest-growing segments for NBFCs: Crisil
Updated : 1 year, 6 months ago IST
Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education, said Crisil Ratings.
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SATYA MicroCapital Limited Secures Rs 500 Cr (USD 60Mn) Debt Funding from
Updated : 1 year, 6 months ago IST
New Delhi [India], September 7: RBI-registered NBFC-MFI SATYA MicroCapital Limited has once again secured Rs 500 Cr (USD 60Mn) from Sumitomo Mitsui Banking Corporation (referred as SMBC hereafter), a renowned Japanese multinational financial services institution under Sumitomo Mitsui Financi
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Private credit market in India sees robust growth in H1 CY2024 with USD 6
Updated : 1 year, 6 months ago IST
The momentum seen in H1 CY2024 has already outpaced the deal flow of the previous year, showcasing the growing interest and activity in the private credit sector.
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RBI imposes penalties on three housing finance companies for non-complianc
Updated : 1 year, 6 months ago IST
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies for non-compliance with directions of RBI on housing finance companies.
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HDB Financial Services Leads the Way as the First NBFC to Launch NPCI's e-
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], September 4: HDB Financial Services (HDBFS), a leading non-banking financial company (NBFC), has set a new industry benchmark by becoming the first to integrate the National Payments Corporation of India (NPCI)'s e-KYC Setu System. This cutting-edge system, deve
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SMFG India Credit Launches its 1000th Branch; Commemorates Milestone with
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], September 4: SMFG India Credit Co. Ltd., a prominent player in India's Non-Banking Financial Company (NBFC) sector, proudly announces the opening of its 1000th branch, located in Vashi, Navi Mumbai. This landmark event underscores the company's unwavering commit
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Loan sanctioning goes digital, but recovery still needs 'Feet on the Stree
Updated : 1 year, 6 months ago IST
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
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Jana Small Finance Bank Sweeps 4 Awards at ICC Emerging Asia Banking Concl
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], August 26: Jana Small Finance Bank has once again cemented its status as a frontrunner in the Indian banking industry. The bank's commitment to excellence and innovation was recognized at the prestigious 2nd ICC Emerging Asia Banking Conclave & Awards, where
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Earn High Interest Rates with NBFC Fixed Deposits on Bajaj Markets
Updated : 1 year, 6 months ago IST
New Delhi [India], August 26: Bajaj Markets, an online financial marketplace, offers a wide range of Fixed Deposits (FDs) through its partnerships with some of the leading Non-banking Financial Companies (NBFCs) in India. It allows investors to conveniently compare and invest in FDs from var
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India's gold loan market set for rapid growth amid rising prices; unorgani
Updated : 1 year, 6 months ago IST
The gold loan market in India is on the cusp of substantial growth, driven by rising per-gram gold rates and increasing customer demand. Currently, the market is predominantly controlled by the unorganized sector, which holds a 63 per cent share, while organized players, including banks and
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