Search For "nbfc"
NBFCs must establish strong governance practices to restore stakeholder co
Updated : 2 years, 4 months ago IST
New Delhi [India], Nov 3 (ANI): While the liquidity condition in market improves for non-banking finance companies (NBFCs), it is imperative for them to establish strong governance and risk management practices to restore investor confidence and reduce overall borrowing costs, according to a
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India's credit squeeze pushes growth to a six-year low: Fitch Ratings
Updated : 6 years, 4 months ago IST
London [Britain], Oct 25 (ANI): The Indian economy is being held back by a large squeeze in credit availability emanating from non-bank financial companies (NBFCs), according to Fitch Ratings.
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Nucleus Software clocks revenue of Rs 128 crore in Q2 FY20
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 24 (ANI): Nucleus Software said on Thursday its consolidated revenue for the second quarter of FY20 totalled Rs 128 crore compared to Rs 121 crore in corresponding quarter of the previous year.
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Banks will ensure bill discounting facility for MSMEs to ease liquidity: S
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 14 (ANI): Finance Minister Nirmala Sitharaman said on Monday that public sector banks have sufficient liquidity and efforts are being made to ensure that due payments are released to micro, small and medium enterprises (MSMEs) sector by large corporates.
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NBFC Fox Capital partners with ZestMoney to strengthen credit reach
Updated : 6 years, 5 months ago IST
Jaipur (Rajasthan) [India] Oct 10 (ANI/NewsVoir): Fox Capital - A new age NBFC headquartered in Jaipur, has partnered with ZestMoney, to strengthen the credit reach to the under-serviced the population of India.
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NBFC Paisalo Digital signs co-origination loan pact with Bank of Baroda
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 3 (ANI): Non-banking finance company Paisalo Digital said on Thursday that it has signed a co-origination loan agreement with government-owned Bank of Baroda to empower farmers, MSME segment and small businesses.
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Private banks, financial institutions not facing liquidity problem: Sithar
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 26 (ANI): After meeting top management of private sectors banks, NBFCs, microfinance institutions (MFIs) and small finance banks, Finance Minister Nirmala Sitharaman on Thursday said that she had not heard of any liquidity problem from them.
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Sitharaman reviews performance of banks with top management
Updated : 6 years, 5 months ago IST
Goa (Panaji) [India], Sept 20 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday reviewed the performance of the banks in a meeting with the top management of public sector bank.
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Banks to hold meetings in 400 districts to boost credit flow: Sitharaman
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 19 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that public sector banks will hold meetings with representatives of Non-Banking Financial Companies (NBFCs) and prospective clients in 400 districts across the country to ensure that more liquidit
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NBFCs and HFCs to face growth headwinds along with continued funding chall
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 9 (ANI): India Ratings and Research (Ind-Ra) on Monday revised its sector outlook on non-banking finance companies (NBFCs) to negative from stable and maintained its negative outlook on large ticket housing finance companies (HFCs).
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Edelweiss Group, Central Bank of India partner to co-lend to MSMEs
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 2 (ANI): ECL Finance, a subsidiary of Edelweiss Financial Services, and government-owned Central Bank of India have signed an agreement for priority sector lending to micro, small and medium enterprise (MSME) customers.
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Altico Capital Ltd. completely exits from the IT-SEZ project in Hyderabad'
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India] August 21 (ANI/BusinessWire India): Altico Capital India Limited, a Non-Banking Financial Company (NBFC) promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners headquartered in Mumbai, India, today announced their complete exit from realt
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