The Reserve Bank of India (RBI) has highlighted the need for Non-Banking Financial Companies (NBFCs) to diversify their sources of funding as a key risk mitigation strategy.
Mumbai (Maharashtra) [India], December 16: Navigating the world of personal loans can be challenging, especially when deciding between secured and unsecured options. Understanding the differences between these two types of loans is crucial to making informed financial decisions.
Mumbai (Maharashtra) [India], December 13: Fixed Deposits (FDs) are a popular investment choice for their stability and predictable returns. While most investors are familiar with bank FDs, fixed deposits offered by Non-Banking Financial Companies (NBFCs) have emerged as a compelling alterna
New Delhi [India], December 2: FinBox, One of India's leading credit infrastructure and risk intelligence companies - has recently announced the launch of an Account Aggregator based Customer Data Platform (CDP) This unified platform will enable banks and NBFCs to access extensive customer d
The growth of non-banking financial companies (NBFCs) in India is expected to remain under pressure in the financial year 2025 due to a slowdown in loan disbursements and regulatory challenges, according to a report by Nomura.
Gurgaon (Haryana) [India], November 28: Paisabazaar, India's largest lending marketplace, announced today introduction of an advanced Fraud Detection and Prevention System designed on its platform, to enhance trust and ensure responsible lending. The system would leverage sophisticated machi
The Q2 FY25 earnings season has highlighted challenges across several sectors, causing concern among investors as many companies reported weaker-than-expected performance.
New Delhi [India], November 6: Fixed Deposits (FDs) are a popular savings instrument for many Indian investors. They are known for their low risk and stable returns. By locking in your savings for a fixed tenure, you earn a guaranteed interest rate on your principal. However, simply parking
Mumbai (Maharashtra) [India], October 29: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, has announced the launch of its #SapnoWaliDiwali campaign. Through this initiative, LTF aims to empower dreams and aspirations, encouraging individ
Tata Power Renewable Energy has announced partnership with IndusInd Bank to facilitate accessible and affordable solar financing for Micro and Small Enterprises (MSEs), the company informed the exchange in a filing on Tuesday.
New Delhi [India], October 28: The 'Bharat Microfinance Report' released by Sa-dhan, India's largest self - regulatory organisation of Impact Finance Institutions, has observed that the micro-finance institutions, particularly the 'For - Profit' organisations like NBFC-MFIs, NBFCs and SFBs s
Pune (Maharashtra) [India], October 24: Fixed Deposits (FDs) remain one of the most preferred investment options, especially for risk-averse individuals seeking a stable return. The guaranteed returns, relatively higher interest rates compared to a regular savings account, and flexibility in