Search For "non banking financial companies"
RBI introduces prompt corrective action framework for NBFCs
Updated : 4 years, 3 months ago IST
Mumbai (India), December 14 (ANI): The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies (NBFCs).
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Muthoottu Mini Financiers launches new Gold Loan scheme at 6.5 percent int
Updated : 4 years, 5 months ago IST
Kochi (Kerala) [India], September 26 (ANI/ATK): In an industry first initiative, Muthoottu Mini Financiers Ltd, one of the largest Non-Banking Financial Companies (NBFC) in India, announced the launch of their new Gold Loan scheme - 'Super Offer' at an interest rate of 6.5 percent.
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Muthoottu Mini Financiers launches 3 more zonal offices for greater custom
Updated : 4 years, 6 months ago IST
Kochi (Kerala) [India], September 18 (ANI/ATK): Muthoottu Mini Financiers Ltd, one of the largest Non-Banking Financial Companies (NBFC) in India, announced the launch of three new zonal offices across India to upgrade operational efficiency and to provide better customer experience.
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Concerns re-emerge on retail loans asset quality due to increasing lockdow
Updated : 4 years, 11 months ago IST
New Delhi [India], Apr 24 (ANI): The rising Covid-19 cases has again raised concerns on asset quality of retail loans from non-banking financial companies (NBFCs) and housing finance companies (HFCs), , according to investment information agency ICRA.
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Loans of Rs 14.96 lakh crore sanctioned since launch of PM Mudra scheme
Updated : 4 years, 11 months ago IST
New Delhi [India], April 7 (ANI): More than 28.68 crore loans for an amount of Rs 14.96 lakh crore have been sanctioned by banks, Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) since the launch of Pradhan Mantri Mudra Yojana (PMMY), according to the Centre.
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L&T Finance Holdings rights successfully oversubscribed
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 18 (ANI/NewsVoir): L&T Finance Holdings Limited ("LTFH" or "Company"), one of the leading private sector Non-Banking Financial Companies in India*, present in businesses including rural finance, housing finance, infrastructure finance, and investme
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SC refuses to pass order on plea seeking probe into China's alleged survei
Updated : 5 years, 1 month ago IST
New Delhi [India], February 3 (ANI): The Supreme Court on Wednesday refused to pass any order on a plea seeking directions to the Central government to investigate China's alleged surveillance on the President of India, Prime Minister, judges (sitting and retired) of the apex court and Hi
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Muthoottu Mini Financiers Ltd in Strategic Alliance with Exide Life Insura
Updated : 5 years, 2 months ago IST
Kochi (Kerala) [India], December 28 (ANI/NewsVoir): Muthoottu Mini Financiers Ltd., one of India's largest Non-Banking Financial Companies (NBFC), has announced a strategic partnership with prominent life insurance company Exide Life Insurance Company Limited, to provide life insurance produ
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Neutral-to-positive impact of RBI's draft circular on govt-owned NBFCs: In
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 23 (ANI): The Reserve Bank of India's (RBI's) recent draft circular on declaration of dividends by non-banking financial companies (NBFCs) will have a neutral-to-positive impact on government-owned NBFCs, India Ratings and Research (Ind-Ra) said on Wedn
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Sitharaman to review implementation of resolution framework for COVID-rela
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): The Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and Non-Banking Financial Com
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PM to interact with bank, NBFC stakeholders on Wednesday
Updated : 5 years, 7 months ago IST
New Delhi [India], July 28 (ANI): Prime Minister Narendra Modi will join stakeholders from banks and Non-Banking Financial Companies (NBFCs) to discuss and deliberate on vision and roadmap for the future on Wednesday evening.
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Five proposals worth Rs 3,090 cr sanctioned under Aatmanirbhar Bharat
Updated : 5 years, 7 months ago IST
New Delhi [India], July 25 (ANI): The Central government on Friday said that the Special Liquidity Scheme of Rs 30,000 cr for Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) is being implemented from July 1 this year as a follow up of one of the announcements
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