Search For "nbfc"
Magma Fincorp Limited announces name change to Poonawalla Fincorp Limited
Updated : 4 years, 7 months ago IST
Pune (Maharashtra) [India], July 23 (ANI/BusinessWire India): Magma Fincorp Limited, a RBI-registered non-banking finance company (NBFC) has been rechristened as Poonawalla Fincorp Limited and has initiated rebranding activity, following the acquisition of controlling stake by Adar Poonawall
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Neowise Technologies joins forces with Kalandri Capital to co-create credi
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 5 (ANI/BusinessWire India): Neowise Technologies, aspiring to be a credit led digital banking platform co-founded by Rohit Ramachandran and Siddarth Padmanabhan, recently partnered with Kalandri Capital Pvt. Ltd, an RBI licensed NBFC.
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Muthoottu Mini Financiers Ltd. posts 18 percent growth in the financial ye
Updated : 4 years, 8 months ago IST
Kochi (Kerala) [India], June 26 (ANI/NewsVoir): Muthoottu Mini Financiers Ltd. (MMFL), one of the leading non-banking finance companies (NBFC) in India today announced its annual financial results. The company has registered a growth of 18 percent for the financial year 2020-21.
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Covered bonds likely to pick up with better stakeholder awareness: ICRA
Updated : 4 years, 8 months ago IST
New Delhi [India], June 26 (ANI): Covered bonds backed by security pool of gold loans and vehicle loans are findling favour with investors, rating agency ICRA has said.
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New harmonisation proposals to create level playing field for NBFCs-MFIs:
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): Harmonisation guidelines proposed by the Reserve Bank of India (RBI) for non-banking finance companies and microfinance institutions (NBFCs-MFIs) are need of the hour to address diverse interpretations of regulations by multiple forms of entities,
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Hacks of managing debts with Smart Gain
Updated : 4 years, 9 months ago IST
New Delhi [India], June 17 (ANI/SRV Media): The Covid pandemic has created a huge discrepancy in people's financial situations due to job losses and business closure. It is even more difficult to manage finances now in the middle of this crisis.
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NBFC-MFI sector may see more restructuring of portfolio: Crisil
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, according to Crisil Ratings.
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Mangal Credit and Fincorp Ltd. announces F.Y. 2020-21 financial results wi
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 20 (ANI/BusinessWire India): Mangal Credit and Fincorp Ltd. one of India's fastest-growing NBFC which is based out of Mumbai today announced its financial results for the quarter & year ended March 31, 2021, and reported that the Company's quarterly &
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RBI Governor meets MDs, CEOs of NBFC-Micro Finance institutions
Updated : 4 years, 10 months ago IST
New Delhi [India], May 3 (ANI): The Reserve bank of India Governor, Shaktikanta Das on Monday met managing directors (MD) and Chief Executive officers (CEOs) of Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) via video conferencing.
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Concerns re-emerge on retail loans asset quality due to increasing lockdow
Updated : 4 years, 10 months ago IST
New Delhi [India], Apr 24 (ANI): The rising Covid-19 cases has again raised concerns on asset quality of retail loans from non-banking financial companies (NBFCs) and housing finance companies (HFCs), , according to investment information agency ICRA.
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Asset quality headwinds to impact retail NBFC net earnings in FY22: ICRA
Updated : 4 years, 11 months ago IST
New Delhi [India], April 17 (ANI): The growth in assets under management (AUMs) of retail non-banking financial company (retail NBFC) sector is expected to revive in FY22 to about 8 to 10 per cent as compared to an estimated growth of a muted 3 to 5 per cent in FY2021, according to investmen
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Nayan Kambli founds new NBFC named Money 2 Me that promises to be rising p
Updated : 4 years, 11 months ago IST
Mumbai, Maharashtra [India], April 16 (ANI/PNN): A man with experience of over 21 years in fundraising, debt syndication, and private equity, Nayan Kambli has decided to put his expertise into his creation by creating Money 2 Me.
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