Search For "nbfc"
India clocks M&A deals worth $9.8 billion in July: Grant Thornton
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 20 (ANI): India recorded 110 merger and acquisition (M&A) deals worth 9.8 billion dollars in July, which is three times the deal values but 10 per cent short of deal volumes as compared to June, according to a report by Grant Thornton India LLP.
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Centre removes DRR requirement for listed companies, HFCs, NBFCs
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 19 (ANI): The Ministry of Corporate Affairs on Monday amended the Companies Share Capital and Debentures Rule by removing debenture redemption reserve (DRR) requirement for listed companies, Housing Finance Companies (HFCs) and Non-Banking Finance Companies (NBFCs).
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RBI working towards stable financial system in evolving scenario: Shaktika
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The Reserve Bank of India (RBI) is closely monitoring inter-linkages of non-banking finance companies (NBFCs) with the banking sector, capital market and other financial entities to ensure stability, Governor Shaktikanta Das said on Monday.
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RBI announces measures to open up liquidity for NBFCs
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday announced two key measures to help non-bank financial companies (NBFCs) which are facing a severe liquidity squeeze.
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Bajaj Finserv offers 74 types of pocket insurance to plan for life's not s
Updated : 6 years, 7 months ago IST
Pune (Maharashtra) [India] July 22 (ANI/BusinessWire India): Bajaj Finserv, through its lending arm Bajaj Finance Ltd - India's most diversified NBFC brings to you 74 types of affordable Pocket Insurance products to help you stay protected against the small uncertainties in life which can qu
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DHFL's solvency stress is credit negative for Indian banks: Moody's
Updated : 6 years, 7 months ago IST
Singapore, July 22 (ANI): Dewan Housing Finance Corporation Limited's (DHFL's) weakening solvency is credit negative for Indian banks because they are key lenders to the company and its default will negatively affect their asset quality and profitability, Moody's Investors Service said on Mo
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L&T Finance Holdings reports profit of Rs 549 crore in Q1 FY20
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 20 (ANI): L&T Finance Holdings (LTFH), a diversified non-banking financial company (NBFC), has posted consolidated profit after tax of Rs 549 crore for the first quarter of 2019-20, up 2 per cent from Rs 538 crore in Q1 FY19.
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FM seeks to allay fears on surcharge on super rich
Updated : 6 years, 8 months ago IST
New Delhi [India], July 18 (ANI): Indicating no roll back of the income tax surcharge on the super-rich imposed in the budget, Finance Minister Nirmala Sitharaman on Thursday ruled out any adverse impact of it on investor confidence and said the fears of flight of capital are unfounded.
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Muthoottu Mini Financiers Ltd. announces corporate agency tie-up with HDFC
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India] July 16 (ANI/NewsVoir): HDFC ERGO General Insurance Company, India's leading private sector general insurance company and Muthoottu Mini Financiers Ltd., announced the tie-up for the distribution of HDFC ERGO's range of non-life insurance offerings for the custom
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Find and Finance a property with Bajaj Housing Finance Limited's Homes and
Updated : 6 years, 8 months ago IST
Pune (Maharashtra) [India] July 12(ANI/BusinessWire India): Bajaj Housing Finance Limited is a 100 per cent subsidiary of Bajaj Finance Limited one of the most diversified NBFCs in the country recently launched the Bajaj Housing Finance Limited's Homes and Loans , a homebuyer's one-stop h
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Non-metros fueling BankBazaar's next phase of growth
Updated : 6 years, 8 months ago IST
Bengaluru (Karnataka) [India] July 10 (ANI/BusinessWire India): BankBazaar.com, India's leading financial marketplace is deepening its presence across India with a 63 per cent increase in non-metro visitors to the website in FY19 as compared to FY18. Of these, more than 54 per cent are new v
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RBI welcomes move to bring NBFCs under its regulation: Das
Updated : 6 years, 8 months ago IST
New Delhi [India], July 8 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday it will do its best after being given the additional responsibility of supervising and regulating non-banking financial companies (NBFCs) in a bid to boost investment and lending in the econo
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