Search For "nbfc"
Navigating Fixed Deposit Accounts: What You Need to Know Before Investing
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], August 24: Fixed Deposits (FDs) have long been a preferred investment option among Indian investors, providing a straightforward way to grow wealth with predictable returns. Shriram Finance, a trusted name in the NBFC space, offers investors an opportunity to
Read More
Understanding Fixed Deposits and FD Calculation Methods
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], August 17: Fixed Deposits (FDs) have long been a preferred investment option among Indian investors, providing a straightforward way to grow wealth with predictable returns. Shriram Finance, a trusted name in the NBFC space, offers investors an opportunity to
Read More
TVS Credit Registers a Growth of 20 per cent in AUM in Q1 FY25 Versus Q1 F
Updated : 1 year, 7 months ago IST
Bengaluru (Karnataka) [India], August 14: TVS Credit Services Limited, one of India's leading NBFCs, published its unaudited financial results for the quarter ended June 30, 2024. The Company reported Assets Under Management (AUM) of Rs 26,351 Crore as of Jun'24, an increase of Rs 4,427 C
Read More
Declining bank deposits raise concerns about NBFC's fund raising capacity:
Updated : 1 year, 7 months ago IST
Amid the concerns of declining deposits at banks, CareEdge Ratings anticipated that the credit-deposit ratios may pose a concern to the Non-Banking Financial Companies (NBFCs).
Read More
Finance Minister introduces Banking Laws (Amendment) Bill in Lok Sabha
Updated : 1 year, 7 months ago IST
The bill provides for amending the Reserve Bank of India Act, 1934, Banking Regulation Act 1949, State Bank of India Act, 1955, Banking Companies (Acquisition and Transfer of Undertakings) Act 1970, and Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.
Read More
ARTH Partners With deAsra Foundation To Empower Nano and Small Businesses
Updated : 1 year, 7 months ago IST
Gurugram (Haryana) [India], August 6: ARTH, a licensed Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI), specializing in providing financial services to nano and small businesses, has entered into a strategic partnership with deAsra Foundation. This collab
Read More
Leading NBFC Muthoot Capital Bags Rs.100 Crore Impact Funding for Electric
Updated : 1 year, 7 months ago IST
Kochi (Kerala) [India], August 5: Muthoot Capital Services Limited (MCSL), one of India's fastest-growing NBFCs and a publicly traded entity of 137-year-old business conglomerate Muthoot Pappachan Group announces its partnership with UK-based Development Financial Institution for raising lon
Read More
V.P. Nandakumar on Manappuram Finance: 75 Years of Innovation and Achievem
Updated : 1 year, 7 months ago IST
New Delhi [India], August 5: Today, Manappuram Finance stands as a leading NBFC with an Asset Under Management (AUM) of Rs42,070 crore, serving an extensive customer base across India. The company offers a variety of financial products, including personal loans, business loans, and vehicle l
Read More
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion
Updated : 1 year, 7 months ago IST
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backed digital initiatives will underpin a tripling of Indian retail borrowing by 2030, lifting Indian households' debt to about USD 2.5 trillion or about 34 per cent of GDP.
Read More
Akme Fintrade (India) Ltd Reports Strong Growth in Q1 FY25 and Announces t
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], August 1: Akme Fintrade (India) Ltd, a BSE and NSE listed non-banking finance company (NBFC) focusing on vehicle and business loans in rural and semi-urban geographies, has reported significant growth in its financial results for Q1 FY25 and is pleased to announ
Read More
L&T Finance Ltd. is Now Great Place To Work Certified
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], July 23: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, has been Great Place To Work® Certified™ in India.
Read More
Only 10 banks/NBFCs had disruptions due to Microsoft outage: RBI
Updated : 1 year, 7 months ago IST
The Reserve Bank of India has asserted that its assessment showed that only 10 banks and NBFCs had minor disruptions due to the Microsoft outage. The disruptions reported in those entities have "either been resolved or are being resolved", RBI said in a statement.
Read More