Search For "nbfc"
Peer to peer lending now needs NBFC registration
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct 13 (ANI-NewsVoir): Finally, after more than one year of uncertainty about peer-to-peer lending startups regulations. The Reserve Bank of India (RBI), in a gazette notification, stated that after confirming its necessity, peer-to-peer lending startups have been identifi
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RBI guidelines in P2P lending to enable better transparency
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 9 (ANI): The guidelines introduced by the Reserve Bank of India (RBI) on P2P lending will bring a greater degree of transparency and seriousness to the sector, according to the exporters.
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NBFC delinquencies to swell from current levels; profitability likely to r
Updated : 8 years, 5 months ago IST
New Delhi [India], Sep 27 (ANI): Non-banking finance Companies (NBFCs - excluding NBFC-MFIs) are likely to witness an increase in the 90+day delinquencies, by about 20-50 bps, from the levels of about 4.9 percent as on June 30, 2017.
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FinMomenta launches Corporate HR loans for employees to ease money-lending
Updated : 8 years, 5 months ago IST
New Delhi [India], Sept 25 (ANI): FinMomenta, a digital lending platform on Monday introduced another core loan segment on their platform (www.tachyloans.com) called Corporate HR loans for employees to make borrowing money easier at times of emergency.
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Lending platforms contributing to need of financial inclusion in the count
Updated : 8 years, 5 months ago IST
New Delhi [India], Sep 20 (ANI): With regards to the capital needs, the MSMEs sector in India is facing a gap of Rs. five trillion, as estimated by the industry. This has multiple reasons including, no bank accounts, collaterals misplaced, lack of financial literacy, dearth of infrastructure
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TAB Capital, Nucleus Software enter partnership to fuel digital lending, p
Updated : 8 years, 6 months ago IST
New Delhi [India], September 15 (ANI): TAB Capital, a Non-Banking Finance Company (NBFC), entered into an association with the Nucleus Software, a leading provider of lending and transaction banking solutions to the global financial services industry.
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TAB Capital, management recognized as fastest growing NBFC in SME manufact
Updated : 8 years, 6 months ago IST
New Delhi [India], Sept 11 (ANI): The State Bank of India has recognized the TAB Capital as the fastest growing NBFC ever since its inception in March, 2016 in the Small and Medium Enterprises (SME) manufacturing Summit held on September 8 in Mumbai.
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TAB Capital strengthens leadership, inducts V.S. Krishna Kumar as Independ
Updated : 8 years, 6 months ago IST
New Delhi [India], Sept 6 (ANI): TAB Capital, a Pune-based digital lending Non Banking Financial Company (NBFC) financing MSMEs and professionals on Wednesday announced the appointment of V.S. Krishna Kumar, the former Executive Director of Canara Bank, as an Independent Director.
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Home Credit India ties-up with Paytm to make repayment of loans easier
Updated : 8 years, 6 months ago IST
New Delhi [India], Aug 10 (ANI-NewsVoir): Home Credit India Finance Pvt. Ltd., one of India's fastest growing non-banking financial company (NBFC), has partnered with the country's largest mobile payments and commerce platform Paytm to enable customers to pay their EMIs in an easy,
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Ashok Mittal buys NBFC Lord Krishna to convert into FinTech NBFC, rebrande
Updated : 8 years, 6 months ago IST
New Delhi [India], Aug 2 (ANI-NewsVoir): Commodity and financial market expert Ashok Mittal has acquired New Delhi based NBFC "Lord Krishna Financial Services Ltd."
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Home Credit launches online Mini Cash Loan to help customers instantly
Updated : 8 years, 6 months ago IST
New Delhi [India], July 19 (ANI-NewsVoir): Expanding access to credit for technology savvy and mobile population and bringing a transformation in the small ticket size personal loan market, Home Credit India Finance Pvt. Ltd., one of India's fastest growing non-banking financial company
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RBI cancels certificate of registration of eight NBFCs
Updated : 8 years, 6 months ago IST
New Delhi [India], July 18 (ANI): The Reserve Bank of India (RBI) on Tuesday cancelled the certificate of registration for the following eight non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.
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