Search For "nbfcs"
Gold NBFCs will benefit from potential rate cuts and prices surge: Jefferi
Updated : 1 year, 4 months ago IST
The non-banking financial companies (NBFCs) that focus on gold loans are poised to gain from the dual tailwinds of rising gold prices and potential rate cuts in the near future, Jefferies said in a report.
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RBI may act against more NBFCs to check obscure lending practices: Morgan
Updated : 1 year, 4 months ago IST
Reserve Bank of India's (RBI) Thursday action against four NBFCs and asking them to cease and desist from making new loan sanctions and disbursements, a report by Morgan Stanley suggests more lending companies might face similar scrutiny.
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RBI takes action against 4 NBFCs over excessive interest rates, non-compli
Updated : 1 year, 5 months ago IST
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
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Usha Financial Services Limited - A Prominent RBI Licensed NBFC - Set to L
Updated : 1 year, 5 months ago IST
New Delhi [India], October 14: Usha Financial Services Limited, one of the leading RBI licensed Non-Banking Financial Companies (NBFCs) in India, is proud to announce the upcoming opening of its Initial Public Offering (IPO) soon. The company received official approval on October , 2024, fro
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Understanding Shriram Two-Wheeler Loan Interest Rates
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], October 14: Shriram Finance, one of India's most reputed NBFCs, offers competitive interest rates, starting at 10%* p.a. on its Two-Wheeler Loan. Designed to make owning a bike more affordable for customers, Shriram Finance provides up to 100% financing 1 on the
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RBI cautioned NBFCs for incentives and targets for loans, warned action
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned Non-Banking Financial Companies (NBFCs) that give incentives and fixed targets for granting loans to their employees.
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NBFCs tap alternatives to grow as loans from banks slow: Crisil Ratings
Updated : 1 year, 5 months ago IST
Non-banking financial companies (NBFCs) are increasingly attempting to access funding sources beyond banks, such as through non-convertible debentures (NCD), commercial papers (CP), foreign currency borrowings (FCB) and securitisation, to continue their growth march, asserted Crisil Ratings.
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RBI imposes monetary penalty on three NBFCs for non-compliance with direct
Updated : 1 year, 6 months ago IST
The Reserve Bank of India (RBI) has imposed monetary penalties on three non-banking financial companies (NBFCs) for regulatory lapses and non-compliance with various RBI directives.
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L&T Finance Ltd. Wins Fintech for Good - 'Champions of ESG' Award at t
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], September 9: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, is delighted to announce that it has been conferred with the Fintech for Good - 'Champions of ESG' Award at the Global Fintech Fest (GFF) 2024 hel
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Education loans to remain among fastest-growing segments for NBFCs: Crisil
Updated : 1 year, 6 months ago IST
Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education, said Crisil Ratings.
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Loan sanctioning goes digital, but recovery still needs 'Feet on the Stree
Updated : 1 year, 6 months ago IST
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
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Earn High Interest Rates with NBFC Fixed Deposits on Bajaj Markets
Updated : 1 year, 6 months ago IST
New Delhi [India], August 26: Bajaj Markets, an online financial marketplace, offers a wide range of Fixed Deposits (FDs) through its partnerships with some of the leading Non-banking Financial Companies (NBFCs) in India. It allows investors to conveniently compare and invest in FDs from var
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