Search For "nbfc"
Rs 18 lakh crore NBFC debt set to become dearer by 85-105 bps this fiscal
Updated : 3 years, 9 months ago IST
New Delhi [India], June 14 (ANI): Borrowing costs for non-banking financial companies (NBFC) are expected to become costlier by 85-105 basis points in the current financial year due to an increase in policy rates by the Reserve Bank of India (RBI), CRISIL Ratings said in a report released on
Read More
EnKash launches API suite to enable NBFCs launch their own cards
Updated : 3 years, 9 months ago IST
New Delhi [India], May 30 (ANI): Corporate spend management firm EnKash on Monday launched a card API suite that will enable non-banking financial companies (NBFCs), banks, and Fintech firms to launch their own card in a hassle-free manner.
Read More
INR 1000 Crore worth Skill Loans announced by SATYA MicroCapital Ltd. in a
Updated : 3 years, 9 months ago IST
New Delhi [India], May 30 (ANI/NewsVoir): SATYA MicroCapital Ltd., one of the leading RBI registered NBFC-MFIs in the country, announced their collaboration with National Skill Development Corporation (NSDC) for providing financial support to the students enrolled with NSDC's network of trai
Read More
RBI cancels registration of five NBFCs due to irregular lending practices
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 25 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has cancelled the Certificate of Registration (CoR) of five Non-Banking Financial Companies (NBFCs) due to irregular lending practices.
Read More
Vikas Garg, Seema Garg to acquire up to 26 per cent in Advik Capital Ltd a
Updated : 3 years, 10 months ago IST
New Delhi [India], May 20 (ANI/PNN): BSE listed Advik Capital Ltd (BSE: 539773), is one of the emerging Non-deposits taking Non- Banking Finance Company (NBFC). As per the announcement submitted by Advik Capital Ltd on BSE, Vikas Garg (acquirers) and Seema Garg (Acquirers), along with Sukrit
Read More
Supreme Court ruling on NBFCs removes key regulatory overhang: CRISIL
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 16 (ANI): The recent ruling by the Supreme Court that underscores the primacy of the Reserve Bank of India (RBI) as the regulator and supervisor of the non-banking financial companies (NBFCs), has removed a key regulatory overhang, rating agency CRISIL said
Read More
Poonawalla Fincorp Limited records Consolidated PAT of Rs 375 Cr in FY22
Updated : 3 years, 10 months ago IST
Pune (Maharashtra) [India], May 13 (ANI/BusinessWire India): The Board of Directors (Board) of Poonawalla Fincorp Limited (PFL), a non-deposit taking systemically important NBFC focusing on consumer and small business finance, today announced its audited results for the year ended Mar 31, 20
Read More
Agriwise Raises debt funding from Maanaveeya, the Indian subsidiary of Oik
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 5 (ANI/BusinessWire India): AgriwiseFinserv Limited, one of India's fastest growing agri-focussed NBFCs, today announced that it had obtained a secure credit facility from Maanaveeya Development & Finance Private Limited (Maanaveeya). Maanaveeya is the I
Read More
Tata Motors Finance recognized for its contribution to the MSME sector's g
Updated : 3 years, 10 months ago IST
New Delhi [India], April 21 (ANI/PNN): Tata Motors Finance, one of India's leading NBFCs, and a pioneer in the vehicle financing industry, has been conferred as winner of the MSME Banking Excellence Award, 2021 by Chamber of Indian Micro Small & Medium Enterprises (CIMSME) in the categor
Read More
RBI certifies fintech led 121 Finance as India's first NBFC-Factor, after
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 15 (ANI/PNN): 121 Finance becomes India's first fintech-led NBFC-Factor to receive the Certificate of Registration under Registration of Factors (Reserve Bank) Regulations, 2022. The NBFC-Factor addresses the most significant challenge most businesses suff
Read More
Indian School Finance Company won Prestigious Brands of Asia 2021-22 and S
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 4 (ANI/BusinessWire India): Indian School Finance Company (ISFC) the first sector specific NBFC in India catering to K12 school and skill segment wins "Prestigious Brands of Asia 2021-22" and it's MD & CEO Sandeep Wirkhare was honoured with "Marketing
Read More
CASHe announces appointment of Naresh Karia to board of directors
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], March 30 (ANI/NewsVoir): CASHe, India's preferred AI-driven financial wellness platform today announced the appointment of Naresh Karia as its Non-Executive Non-Independent Director, of its systematically important NBFC arm.
Read More