Search For "nbfc"
Nitstone Finserv venturing into Gold Loans
Updated : 6 years, 2 months ago IST
Bengaluru (Karnataka) [India], Jan 15 (ANI/NewsVoir): Nitstone Finserv, a Bengaluru-based NBFC FinTech is venturing into Gold Loans as a new product in its retail portfolio.
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Slowdown to compress incremental credit growth in FY20: ICRA
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 30 (ANI): Muted economic growth, lower working capital requirements and risk aversion among lenders have compressed the incremental credit growth in current financial year (April 2019 to March 2020), according to investment information agency ICRA.
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What makes Bajaj Finance fixed deposit one of the safest instruments to in
Updated : 6 years, 3 months ago IST
Pune (Maharashtra) [India], Dec 16 (ANI/BusinessWire India): Investing is an art that involves striking a balance between risk and returns. To lend a degree of stability to your portfolio, it is advised that you allocate a portion of your finances to fixed income instruments such as a fixed
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Economic reforms showing impact, says govt giving a recap of steps taken
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 13 (ANI): Finance Minister Nirmala Sitharaman said on Friday the government has taken concrete measures to implement a planned economic strategy for achieving the five trillion dollar GDP goal by 2024.
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Evidence of measures to boost investment reflects in record FDI inflow of
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 13 (ANI): Chief Economic Advisor (CEA) KV Subramanian on Friday said the evidence of measures to boost investment was actually seen in the record FDI inflows with US dollar 35 billion in the first half of 2019-20 as against US dollar 32 billion during the last correspo
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Arman financial reports a 100% increase in H1 FY20 profit after tax at Rs
Updated : 6 years, 3 months ago IST
Ahmedabad (Gujarat) [India], Dec 13 (ANI/PRNewswire): Arman Financial Services Ltd (Arman), a Gujarat based non-banking financial company (NBFC), with interests in microfinance, two-wheelers, and micro-enterprise (MSME) loans, announced its financial results for the second quarter ended S
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Poonawalla Finance crosses INR 1000 crore AUM
Updated : 6 years, 3 months ago IST
Pune (Maharashtra) [India] Dec 12 (ANI/BusinessWire India): Poonawalla Finance Private Limited, a fastest-growing Non-Banking Finance Company (NBFC), headquartered in Pune, has achieved a major milestone by crossing INR 1000 Crore AUM in November 2019; within eight months from its inception.
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More NBFCs to go offshore as funding crunch continues: Fitch Ratings
Updated : 6 years, 3 months ago IST
Hong Kong, Dec 10 (ANI): India's non-bank financial companies (NBFCs) will look increasingly to offshore financing in 2020 as local funding conditions are likely to remain under pressure, according to Fitch Ratings.
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Rs 4.91 lakh crore disbursed by PSBs in Oct and Nov
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 3 (ANI): Public sector banks (PSBs) disbursed Rs 2.39 lakh crore to micro, small and medium enterprises (MSMEs), non-banking finance companies (NBFCs), corporates, retail and agriculture sector borrowers in November, raising the total disbursement since the launch of t
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Public sectors banks disburse Rs 2.53 lakh crore loans in October
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 21 (ANI): Union Ministry of Finance on Thursday said that Public Sector Banks (PSBs) have disbursed loans to the tune of Rs 2.53 lakh crore during October under the 'Customer Outreach' initiative.
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New LCR framework to strengthen NBFCs' liability profile: Ind-Ra
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 21 (ANI): New guidelines on liquidity risk management (LCR) announced by the Reserve Bank of India (RBI) for non-banking finance companies (NBFCs) including core investment companies (CICs) will increase discipline in liquidity maintenance and improve transp
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Aditya Birla Capital Q2 up by 37 pc at Rs 256 cr on diversified portfolio
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 7 (ANI): Aditya Birla Capital Ltd said on Thursday its consolidated profit after tax after minority interest in Q2 FY2019-20 grew by 37 per cent year-on-year to Rs 256 crore on the back of a diversified business portfolio.
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