Bangalore (Karnataka) [India], May 7: Vymo, the Sales Engagement Platform trusted by over 350,000 financial sales people globally, has launched CollectIQ, marking its formal entry into the debt collections space. Designed specifically for banks and non-banking financial companies (NBFCs), th
Gujarat [India], May 5: Surat-based IBL Finance Limited, a leading company known for providing fast and easy loans using technology and data science, has informed the stock exchanges that it has achieved the milestone of over Rs. 100 crore in Assets Under Management (AUM) and is progressing
Non-Banking Financial Companies (NBFCs) are growing at a higher rate than India's overall economic growth and it is expected to continue its growth at a faster pace according to a new report released by Mavenark Advisors.
The credit growth of the non-banking financial companies (NBFCs) is expected to ease to 13-15 per cent in financial year 2025 (FY25) and FY2026 from the 17 per cent in the previous two fiscals, rating agency ICRA said in a report.
Mumbai (Maharashtra) [India], April 16: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, has unveiled its newly designed corporate website (www.LTFINANCE.com). It offers a seamless and unified experience on both web and mobile, enabling a
New Delhi [India], April 3: A home loan facilitates individuals to buy or build a house. Banks, non-banking financial companies (NBFCs) and housing finance companies provide home loans in India. With rising real estate rates, getting the appropriate home loan is important for potential homeo
Mumbai (Maharashtra) [India], April 2: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, is pleased to join the Partnership for Carbon Accounting Financials (PCAF).
Mumbai (Maharashtra) [India], March 25: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced the launch of the 'LTF Pearl Anniversary Challenge,' a hackathon focused on developing innovative models to enhance credit assessments for
The corporate in India will need to raise about Rs 115-125 lakh crore in debt between FY26 and FY30 to fund capital expenditure (capex), working capital, and the financing needs of non-banking financial companies (NBFCs), according to a report by Crisil.
The International Monetary Fund (IMF) has raised concerns about potential financial instability in India due to the concentrated exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sector.
The Reserve Bank of India (RBI) has adopted a more consultative approach under its new Governor, as reflected in its recent decision to roll back the increase in risk weightage on loans to Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs), according to a report by
Delhi Police has arrested key accused involved in Rs 20 crore scam by forging and fabricating documents to cheat Non-Banking Financial Companies (NBFCs), police said.