Search For "nbfc"
Company Fixed Deposits: To perform better than Bank Fixed Deposits in 2019
Updated : 7 years ago IST
Pune (Maharashtra) [India] March 5 (ANI): The year 2018 witnessed all developed economies hiking their interest rates. The US Fed hiked it four times, whereas Reserve Bank of India (RBI) increased its policy rates twice. Bank deposit rates have moved in tandem to this increase. Whil
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Bajaj Finance announces winners of 'EON'
Updated : 7 years ago IST
Mumbai (Maharashtra) [India] Feb 19 (ANI): Bajaj Finance, India’s leading non-banking financial services company, had recently launched a gamified campus competition ‘EON’ to engage bright young minds and encourage them to build a career in BFSI. The focus of EON was to
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Essel Group secures lenders' consent, gets time till Sept 30 to avoid defa
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra), [India], Feb 4 (ANI): Multi-faceted business conglomerate Essel Group’s management on Sunday secured a formal consent with lenders, which are having a pledge on shares held by the promoters in ZEE Entertainment Enterprises Ltd. and Dish TV India Ltd, to not dec
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Lendbox receives NBFC - peer-to-peer (P2P) certification from RBI
Updated : 7 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI)[NewsVoir]: Delhi based P2P Lending platform, Lendbox has received its NBFC - Peer-to-Peer (P2P) certification from the RBI. NBFC-P2P is a new class of NBFCs, for non-banking institutions which carry on the business of Peer to Peer Lending in adherence to the
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RBI constitutes committee to look into issues of MSMEs
Updated : 7 years, 2 months ago IST
New Delhi (India), Jan 7 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said to have formed a committee, which would look into the issues related to Micro, Small and Medium Enterprises (MSMEs).
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NPAs have begun to stabilise, indicates RBI report
Updated : 7 years, 2 months ago IST
New Delhi [India[, Dec 28 (ANI): The latest statutory report by Reserve Bank of India on Trend and Progress of Banking in India 2017-18 indicates that the Non-Performing Assets (NPAs) have begun to stabilise, albeit at an elevated level; capital positions have been buffered and the provision
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Home Credit India Retains first Position in Small Ticket Consumer Durable
Updated : 7 years, 2 months ago IST
New Delhi (India), Dec 21, (Newsvoir): Home Credit, one of the fastest growing NBFCs in India that has completed six years of successful operations in the country, has retained its number #1 position in small ticket size loans and has sustained this position for two consecutive years.
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Markets react volatile amid election trends, Urjit Patel's exit
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 11 (ANI): The markets on Tuesday witnessed a gap-down start ahead of the results of the state elections, and investors turning wary over the shocking resignation by the Reserve Bank of India (RBI) Governor Urjit Patel.
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RBI cancels registrations of 31 NBFCs
Updated : 7 years, 4 months ago IST
New Delhi [India], Nov 9 (ANI): The Reserve Bank of India (RBI) on Friday cancelled the certificate of registrations of 31 Non-Banking Financial Companies (NBFCs).
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Centre exploring multiple options to resolve IL&FS case: MCA Secy
Updated : 7 years, 4 months ago IST
New Delhi [India], Nov 5 (ANI): Ministry of Corporate Affairs (MCA) secretary Injeti Srinivas on Monday said that the government is exploring multiple options for resolution of the Infrastructure Leasing and Financial Services (IL&FS) crisis.
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Jaitley reviews liquidity crisis in NBFCs
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 30 (ANI): Finance Minister Arun Jaitley on Tuesday chaired the 19th Financial Stability and Development Council (FSDC) meeting in New Delhi, where he reviewed the liquidity crisis prevalent in Non-Banking Financial Companies (NBFCs).
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Vatika confirms all loans are being serviced as per schedule
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 23 (NewsVoir): Vatika Limited is a market leader in mid-income housing in Gurgaon and among the top preferences for tenants for its office spaces.
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