Search For "nbfc"
FocusOn Interiors Strengthens Market Position with the acquisition of Riya
Updated : 2 months, 3 weeks ago IST
New Delhi [India], December 17: FocusOn Interiors Decorators Pvt. Ltd.- a leading name in corporate and industrial space design, announced its merger with Riya Enterprises, a company known for its exceptional project capabilities and experience across NBFC segment. Both the entities will ope
Read More
Banks, NBFCs to remain key growth drivers as credit grows faster than broa
Updated : 2 months, 3 weeks ago IST
However, despite the steady growth, India's retail credit penetration remains far below global standards, the report said. Asset quality of the banking sector has dramatically improved in the recent past leading to a sharp drop in credit cost. The credit-to-GDP ratio, after peaking around th
Read More
The Battery Gets a Digital Identity. India's First Blockchain-Based Batter
Updated : 2 months, 3 weeks ago IST
New Delhi [India], December 16: This initiative empowers key stakeholders such as drivers, NBFCs, OEMs, Policy makers and recyclers, fueling EV adoption and financial inclusion in India.
Read More
FinBox launches Journey Studio to enable lenders to launch digital credit
Updated : 3 months ago IST
Bangalore (Karnataka) [India], December 10: FinBox, a leading digital credit infrastructure and risk intelligence provider, today announced the launch of Journey Studio - a platform that allows banks, NBFCs, and Lending Service Providers (LSPs) to launch new digital journeys for products lik
Read More
L&T Finance Ltd. Receives a CRISIL ESG Rating of 70 Categorised as 'Strong
Updated : 3 months, 1 week ago IST
Mumbai (Maharashtra) [India], December 5: L&T Finance Ltd. (LTF), formerly known as L&T Finance Holdings Ltd., one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced its Environmental, Social, and Governance (ESG) rating by CRISIL. The Company achieved an overal
Read More
Keep customers central in policies, improve service and reduce grievances:
Updated : 3 months, 1 week ago IST
"In the recent past, as a result of, inter alia, receipt of a large number of grievances, pendency with the RBI Ombudsman has increased. We propose to hold a two-month campaign from 1st January next year with an aim to resolve all grievances pending for more than a month with the RBI Ombudsm
Read More
Why Survika Traders Private Limited Is Changing India's Fast Loan Experien
Updated : 3 months, 1 week ago IST
New Delhi [India], December 4: Survika Traders Private Limited is becoming a reliable name for people who need quick and fair loans. The company works as an RBI registered NBFC. It follows all rules under the NBFC ND guidelines. People choose it because they offer fast decisions and honest t
Read More
Survika Traders Private Limited: Strengthening Trust Through Transparency,
Updated : 3 months, 2 weeks ago IST
New Delhi [India], November 28: In India's rapidly evolving financial ecosystem, the demand for transparent, compliant, and secure credit continues to grow--especially amid rising public discussions surrounding data privacy, user protection, and responsible lending. Survika Traders Private L
Read More
Rural demand lifts microfinance sector as lenders see signs of stability
Updated : 3 months, 2 weeks ago IST
India's microfinance industry is witnessing a renewed upswing, supported by rising rural demand, improved repayment behaviour and early signs of asset-quality stabilisation, according to experts and lenders.
Read More
NBFCs Asset Under Management to cross Rs 50 lakh cr by March 27; MSME cred
Updated : 3 months, 2 weeks ago IST
The unsecured MSME business loans, which comprise nearly 6% of NBFC AUM, have seen an increase in delinquencies amidst higher borrower leverage and adjacencies with the microfinance customer segment, Crisil Ratings said.
Read More
Non-banking Financial Companies AUM to grow 18-19% as vehicle finance, hom
Updated : 3 months, 2 weeks ago IST
The recent Goods and Services Tax (GST) cuts have given a fillip to unit sales across vehicle categories, particularly cars, and this momentum is likely to continue with a steady growth of 16-17% over this fiscal and the next.
Read More
Fibe's NBFC arm EarlySalary Pvt. Ltd. Receives Ratings Boost from 3 Top Cr
Updated : 3 months, 2 weeks ago IST
Pune (Maharashtra) [India], November 24: Fibe's NBFC arm, EarlySalary Pvt. Ltd, has achieved an improvement in its credit ratings by three top rating agencies, reaffirming the company's robust underwriting and risk management framework, operational resilience, and commitment to strong govern
Read More