Search For "nbfc"
FD schemes of Shriram City insulate depositors against risk on investment
Updated : 5 years, 1 month ago IST
New Delhi [India], January 27 (ANI/NewsVoir): In a tumultuous market scenario, Fixed Deposits (FDs) have emerged as the best products to grow one's investment in a risk-free and secure way. While FDs are guaranteed investments, they also offer sure shot return on the invested funds. Hence, f
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RBI proposes revised regulatory framework for NBFCs
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer model in the fast-growing industry.
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NBFCs, fintech companies urge FM Sitharaman to enhance lending facilities
Updated : 5 years, 1 month ago IST
New Delhi [India], January 19 (ANI): Non-banking finance companies (NBFCs) and fintech players have urged Finance Minister Nirmala Sitharaman to enhance the lending facilities by three to four years which were announced and extended by the Reserve Bank of India (RBI) during Covid-19 lockdown
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Tata Motors ties up with banks, NBFCs for commercial customers
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 18 (ANI): Tata Motors said on Monday it has entered into partnerships with leading private banks and non-banking finance companies (NBFCs) to offer its commercial vehicle customers an array of financial offerings.
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RBI open to examine proposal on bad banks: Shaktikanta Das
Updated : 5 years, 1 month ago IST
New Delhi [India], January 16 (ANI): If there is any proposal of bad banks, the Reserve Bank of India (RBI) will examine the proposal, RBI Governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday.
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Muthoottu Mini Financiers Ltd in Strategic Alliance with Exide Life Insura
Updated : 5 years, 2 months ago IST
Kochi (Kerala) [India], December 28 (ANI/NewsVoir): Muthoottu Mini Financiers Ltd., one of India's largest Non-Banking Financial Companies (NBFC), has announced a strategic partnership with prominent life insurance company Exide Life Insurance Company Limited, to provide life insurance produ
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Sharp decline in incremental CoF to boost margins for NBFCs: Motilal Oswal
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 28 (ANI): There has been a sharp decline in incremental cost of market borrowings for non-banking finance companies (NBFCs) -- especially those with strong parentage -- over the past nine months, Motilal Oswal Financial Services said on Monday.
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Neutral-to-positive impact of RBI's draft circular on govt-owned NBFCs: In
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 23 (ANI): The Reserve Bank of India's (RBI's) recent draft circular on declaration of dividends by non-banking financial companies (NBFCs) will have a neutral-to-positive impact on government-owned NBFCs, India Ratings and Research (Ind-Ra) said on Wedn
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Man held for cheating NBFC of Rs 3.76 cr
Updated : 5 years, 2 months ago IST
New Delhi [India], December 22 (ANI): Delhi police on Tuesday arrested a man allegedly for cheating the non-banking financial company (NBFC) -- ReligareFinvest Limited (RFL) for Rs 3.76 crore.
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Standardized Risk Management Framework and Deeper Digital Integration Esse
Updated : 5 years, 2 months ago IST
New Delhi [India], December 22 (ANI/NewsVoir): The Professional Risk Managers' International Association (PRMIA), a global forum for the development and promotion of the risk profession, has launched its 50th chapter in New Delhi. It was digitally inaugurated with discussions on "Evolving Ro
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Shriram City offers highest interest rate on fixed deposits along with add
Updated : 5 years, 3 months ago IST
New Delhi [India], December 16 (ANI/NewsVoir): Shriram City Union Finance (Shriram City), India's largest two-wheeler financier and a leading deposit-accepting Non-Banking Finance Company (NBFC), has announced the highest interest rate of 8.40 per cent along with an additional 0.40 per cent
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Two arrested in Delhi for cheating NBFC of Rs 3 crores
Updated : 5 years, 3 months ago IST
New Delhi [India], December 12 (ANI): Two persons were arrested by the Economic Offences Wing of the Delhi Police for allegedly cheating a non-banking financial institution (NBFC) of Rs 3 crores, police said on Saturday.
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