Search For "non banking finance companies"
PSBs to purchase NBFC bonds/CPs worth Rs 14,667 cr under extended PCGS: FM
Updated : 5 years, 8 months ago IST
New Delhi [India], July 15 (ANI): Public sector banks have approved a plan for the purchase of bonds and commercial papers issued by 67 non-banking finance companies (NBFCs) amounting to Rs 14,667 crore under the extended Partial Credit Guarantee Scheme (PCGS), Union Finance Minister Nirmala
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RBI announces scheme for improving liquidity position of NBFC, HFCs
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 1 (ANI): The Reserve Bank of India (RBI) on Wednesday said the Centre has approved a scheme to improve the liquidity position of non-banking finance companies (NBFCs) and Housing Finance Companies (HFCs) through a Special Purpose Vehicle (SPV) to avoid any
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Sanctions under emergency credit line guarantee scheme cross Rs 79,000 cro
Updated : 5 years, 9 months ago IST
New Delhi [India], June 23 (ANI): To help micro, small and medium enterprises (MSMEs) tide over challenges created by the lockdown after Covid-19 outbreak, public and private sector banks have sanctioned loans worth Rs 79,000 crore of which more than Rs 35,000 crore has already been disburse
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Maruti Suzuki partners with Mahindra Finance for easy car finance schemes
Updated : 5 years, 9 months ago IST
New Delhi [India], June 9 (ANI): In a bid to shore up sales amid challenging economic environment, Maruti Suzuki has joined hands with Mahindra Finance, one of the leading non-banking finance companies (NBFCs), to ease finance availability for customers looking at personal mobility solutions
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Muthoot Capital posts Q4 net profit at Rs 13.6 crore
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): Muthoot Capital Services has posted a net profit of Rs 13.6 crore in the quarter ended March as against Rs 22.7 crore in the same quarter of the previous fiscal year.
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Newgen Software FY20 revenue at Rs 661 crore, cloud sales up 60 pc
Updated : 5 years, 9 months ago IST
New Delhi [India], May 26 (ANI): Newgen Software said on Tuesday that its consolidated revenue from operations moved up 6.5 per cent year-on-year at Rs 661 crore as compared to Rs 621 crore in FY19.
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Agritech marketplace SafalFasal to repair coronavirus-hit supply chain
Updated : 5 years, 10 months ago IST
New Delhi [India], May 16 (ANI): Global digital payment solutions leader BPC and its SME marketplace SafalFasal said they have supported more than 75,000 Covid-hit farmers across India by offering technological and financial solutions to help the farm sector keep food and supply chain rollin
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SC issues notice to Centre, RBI over plea seeking clarity on loan moratori
Updated : 5 years, 10 months ago IST
New Delhi [India], May 15 (ANI): The Supreme Court on Friday issued notices to the Central government and the Reserve Bank of India (RBI) on a plea seeking clarification whether all non-banking finance companies are eligible for loan moratorium or not.
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Sitharaman announces Rs 30,000 crore special liquidity scheme for NBFCs, M
Updated : 5 years, 10 months ago IST
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs).
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Reforms in banking sector to remain priority: Sitharaman
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): A clean, reliable and robust financial sector is critical to achieving the vision of India becoming a five trillion economy in the next five years, Finance Minister Nirmala Sitharaman said on Saturday.
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Sitharaman holds pre-Budget consultations on digital economy, financial se
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 16 (ANI): Finance Minister Nirmala Sitharaman on Monday started her pre-Budget consultations with different stakeholder groups, the first one being with those from the digital economy, fintech and start-ups and the second with those from the financial sector and cap
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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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