Search For "nbfcs"
Moody's takes rating actions on three Indian NBFCs
Updated : 5 years, 11 months ago IST
Singapore, April 14 (ANI): Moody's Investors Service has taken rating actions on three Indian non-banking financial companies (NBFCs).
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Clix Capital launches AI-enabled Bot Maya to acquire customers and enhance
Updated : 5 years, 12 months ago IST
New Delhi [India] March 17 (ANI/NewsVoir): Clix Capital Services Pvt Ltd ('Clix') - one of India's leading digital-lending NBFCs - today announced the launch of its AI-enabled Bot 'Maya' to enhance the customer experience.
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Bank credit growth on a low swing this fiscal: Care Ratings
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
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LoanTap - Evolution of personal loan
Updated : 6 years, 1 month ago IST
Pune (Maharashtra) [India] Jan 29 (ANI/BusinessWire India): India is bestowed with the largest millennial population in absolute terms, globally. Millennials, also known as Generation Y or 'Gen Y' in short, are a population group in the age bracket of 22-35 years.
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Slowdown to compress incremental credit growth in FY20: ICRA
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 30 (ANI): Muted economic growth, lower working capital requirements and risk aversion among lenders have compressed the incremental credit growth in current financial year (April 2019 to March 2020), according to investment information agency ICRA.
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Economic reforms showing impact, says govt giving a recap of steps taken
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 13 (ANI): Finance Minister Nirmala Sitharaman said on Friday the government has taken concrete measures to implement a planned economic strategy for achieving the five trillion dollar GDP goal by 2024.
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Evidence of measures to boost investment reflects in record FDI inflow of
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 13 (ANI): Chief Economic Advisor (CEA) KV Subramanian on Friday said the evidence of measures to boost investment was actually seen in the record FDI inflows with US dollar 35 billion in the first half of 2019-20 as against US dollar 32 billion during the last correspo
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More NBFCs to go offshore as funding crunch continues: Fitch Ratings
Updated : 6 years, 3 months ago IST
Hong Kong, Dec 10 (ANI): India's non-bank financial companies (NBFCs) will look increasingly to offshore financing in 2020 as local funding conditions are likely to remain under pressure, according to Fitch Ratings.
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Rs 4.91 lakh crore disbursed by PSBs in Oct and Nov
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 3 (ANI): Public sector banks (PSBs) disbursed Rs 2.39 lakh crore to micro, small and medium enterprises (MSMEs), non-banking finance companies (NBFCs), corporates, retail and agriculture sector borrowers in November, raising the total disbursement since the launch of t
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Public sectors banks disburse Rs 2.53 lakh crore loans in October
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 21 (ANI): Union Ministry of Finance on Thursday said that Public Sector Banks (PSBs) have disbursed loans to the tune of Rs 2.53 lakh crore during October under the 'Customer Outreach' initiative.
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New LCR framework to strengthen NBFCs' liability profile: Ind-Ra
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 21 (ANI): New guidelines on liquidity risk management (LCR) announced by the Reserve Bank of India (RBI) for non-banking finance companies (NBFCs) including core investment companies (CICs) will increase discipline in liquidity maintenance and improve transp
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NBFCs must establish strong governance practices to restore stakeholder co
Updated : 2 years, 4 months ago IST
New Delhi [India], Nov 3 (ANI): While the liquidity condition in market improves for non-banking finance companies (NBFCs), it is imperative for them to establish strong governance and risk management practices to restore investor confidence and reduce overall borrowing costs, according to a
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