Search For "nbfc"
Shriram City Union Finance offers highest interest rate on fixed deposits
Updated : 5 years, 5 months ago IST
New Delhi [India], September 21 (ANI/NewsVoir): Even as other banks and NBFCs have slashed interest rate on fixed deposits in the current challenging market scenario, Shriram City Union Finance (Shriram City), one of India's leading deposits accepting NBFCs, has launched a high yield cumulat
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Aviator Emerging Market Fund invests in vehicle finance NBFC Amrit Malwa
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 16 (ANI/Digpu): Focusing on your strengths can be a winning move. The NBFC Amrit Malwa Capital Ltd (AMCL) has done so successfully for over 33 years, by focusing on vehicular financing in key States of Punjab, Himachal Pradesh, and Rajasthan.
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Mangal Credit and Fincorp enters the gold-loan market, becomes first India
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India] September 15 (ANI/NewsVoir): Mangal Credit and Fincorp Limited (MCFL), a leading non-banking financial company (NBFC) promoted by industry veteran Meghraj Jain, has announced its' entry into the loan against gold and diamond jewellery market with the launch of it
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NBFC disbursements picking up, collection efficiency at 70 to 80 pc levels
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 9 (ANI): With improving macros across most business segments, there is increased optimism on collection efficiency as well as on growth across product segments, Motilal Oswal Financial Services said on Wednesday.
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FM Sitharaman asks banks to roll out loan resolution schemes by mid-Septem
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Finance Minister Nirmala Sitharaman on Thursday asked bankers to roll out loan resolution schemes by September 15 and COVID-19 related distress must not impact their assessment of borrowers' creditworthiness.
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COVID-19: Sitharaman to review implementation of resolution framework for
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and NBFCs.
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Sitharaman to review implementation of resolution framework for COVID-rela
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): The Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and Non-Banking Financial Com
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Shriram City Union Finance launches fixed deposit scheme at up to 10.53 pe
Updated : 5 years, 6 months ago IST
New Delhi [India] Aug 22 (ANI/NewsVoir): Shriram City Union Finance (Shriram City), one of India's leading deposits accepting NBFCs, has announced a high yield fixed deposit (FD) scheme to benefit its potential clientele in the best possible way.
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Poonawalla Finance rolls out a special term loan scheme for Chartered Acco
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 13 (ANI/PRNewswire): Poonawalla Finance Private Limited, a systemically important non-deposit taking NBFC, has entered into an MOU to offer a collateral-free special term loan scheme with an aim to benefit over three lakh Chartered Accountants, who are the m
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Gold loan relaxation of LTV norms to limit exposure appetite of banks: Ind
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 13 (ANI): Gold loan non-banking finance companies (NBFCs) are unlikely to be significantly impacted by the Reserve Bank of India's new guidelines allowing banks to lend up to 90 per cent of the gold value as prudent lending practices may demand lenders to be
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Refinancing needs to rise as NBFCs roll out restructuring plans: Ind-Ra
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 12 (ANI): The Reserve Bank of India's decision allowing lenders to restructure loans will increase their refinancing requirements, especially for non-banking banking companies (NBFCs), India Ratings and Research (Ind-Ra) said on Wednesday.
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Asset quality risks for banks, NBFCs remain elevated: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
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