Gold loan competition set to intensify as new players plan 3,700

Competition in India's gold loan market is set to intensify as new players plan to add around 3,700 branches in...

Elevated gold prices, tighter credit access to drive India’s gold

Elevated gold prices, coupled with tighter access to unsecured credit are creating a strong growth outlook for...

Lokta Opens Its Agentic Loan Servicing Platform to NBFC

Bengaluru (Karnataka) [India], September 2: On Lokta's count of the Reserve Bank of India's register, India has...

Fitch Upgrades IIFL Finance to 'BB-'; Outlook Stable

Mumbai (Maharashtra) [India], August 18: IIFL Finance Limited, which is one of India's leading non-banking financial...

REC Q1 profit rises 23%; declares interim dividend of Rs 4.25

State-owned non-banking finance company REC Limited on Friday reported a 23 per cent sequential rise in net profit...

RBI cancels licences of over 130 NBFCs, majority from West Bengal

The action covers NBFCs across multiple states, although a majority of the companies listed are based in Kolkata and...

AvenuesAI charts a ‘Liability-Light’ path in credit

GIFT-city based AvenuesAI Limited, a listed digital payments and fintech company, is pursuing an unconventional...

Supra Pacific Financial Services Limited Sets Ambitious Growth

Kochi (Kerala) [India], August 4: Supra Pacific Financial Services Limited, a BSE-listed Non-Banking Finance Company...

Private banks losing market share across segments: Report

Private banks are losing market share across segments, while public sector banks (PSBs) and non-banking finance...

'For NBFCs, education loan AUM growth to halve amid US headwinds'

For non-banking finance companies (NBFCs), education loans have been the fastest-growing asset class, clocking over...

DBS Bank Leads Maiden Green Finance Facility of USD80 Mn for AIFL

Mumbai (Maharashtra) [India], June 26: DBS Bank announced the completion of Aseem Infrastructure Finance Limited's...

Nisus Finance Services Co Limited raised INR 32.21 Crore

Mumbai (Maharashtra) [India], December 4: Nisus Finance Services Co Limited engaged into Transaction Advisory...