Search For "non banking financial companies nbfcs"
ASSOCHAM lauds RBI's move enabling NBFCs to tackle liquidity crunch
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 21 (ANI): The ASSOCHAM lauded the Reserve Bank of India's (RBI) move to incentivise banks which are enhancing credit lending facilities to non-banking financial companies (NBFCs) by easing liquidity norms and increasing the ceiling for lending to a single NBFC until De
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RBI eases liquidity norms for banks
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 19 (ANI): The Reserve Bank of India (RBI) on Friday increased lenders' single borrower exposure limit for Non-Banking Financial Companies (NBFCs) which do not finance infrastructure, to 15 per cent of capital funds.
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'Bade Bano Bade Chalo' with Home Credit India
Updated : 7 years, 6 months ago IST
New Delhi [India], Aug 30 (NewsVoir): Home Credit India Finance Pvt. Ltd., one of India's fastest growing non-banking financial companies (NBFCs), has unveiled its new brand campaign, "Bade bano bade chalo" which encourages customers to rise up when taking loans, especially if they are hesit
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Lendingkart Finance disburses 25,000 loans to MSMEs across 1000 Indian cit
Updated : 7 years, 10 months ago IST
Ahmedabad (Gujarat) [India], May 24 (ANI): Lendingkart Finance Limited, one of the leading Non-Banking Financial Companies (NBFCs) in the MSME financing space and part of Lendingkart Group, has expanded its reach to 1000 cities in India.
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PayMe India raises USD 2 mn from Singaporean Angel Investors
Updated : 7 years, 10 months ago IST
New Delhi [India], April 26 (ANI): Leading fintech company, PayMe India, on Thursday went official about raising USD 2 million from Singapore-based Angel Investors. The investment round included the line of credit from multiple non-banking financial companies (NBFCs) and fresh cash in the eq
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Four NBFCs empowering MSME sector
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 21 (ANI): With an increase in the detection of banking frauds in the recent past, small-scale business entities in the micro, small, and medium-sized enterprise (MSME) sector are now turning to Non-Banking Financial Companies (NBFCs) for their financial needs.
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FinMin puts out list of high-risk finance companies
Updated : 8 years ago IST
New Delhi [India], Feb 26 (ANI): Financial Intelligence Unit (FIU) on Monday released a list of around 9,500 Non-Banking Financial Companies (NBFCs), which have been categorised as high-risk financial institutions by the Finance Ministry.
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RBI introduces Ombudsman Scheme for NBFCs
Updated : 8 years ago IST
New Delhi [India], Feb 23 (ANI): As announced in its Monetary Policy Statement on February 7, India's central bank, Reserve Bank of India (RBI), on Friday launched the Ombudsman Scheme for Non-Banking Financial Companies (NBFCs).
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Tech-based approach can help NBFCs meet credit demand: Study
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 7 (ANI): Amid increasing pressure on the banking system due to bad loans and NPAs, an ASSOCHAM-PwC joint study noted that in order to meet credit demand, non-banking financial companies (NBFCs) in India could explore investments in newer technology, particularly in the
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RBI cancels certificate of registration of eight NBFCs
Updated : 8 years, 6 months ago IST
New Delhi [India], July 18 (ANI): The Reserve Bank of India (RBI) on Tuesday cancelled the certificate of registration for the following eight non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.
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Congress calls strike, normal life paralysed in Tripura
Updated : 8 years, 6 months ago IST
Agartala (Tripura), [India], May 18 (ANI): Normal life was paralysed in Tripura on Thursday due to the twenty four-hour strike called by the opposition Congress in support of its 12-point charter of demands, including Central Bureau of Investigation's (CBI) demand to return the deposi
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NAREDCO organizes 13th National convention, exhibition in Delhi
Updated : 8 years, 6 months ago IST
New Delhi, Aug 13 (ANI-NewsVoir): At a time when the Indian banks are adopting a cautious approach for funding real estate projects, Private Equity (PE) funds and Non-Banking Financial Companies (NBFCs) seems to have come to the rescue of the Indian real estate market.
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