Search For "non banking financial companies"
Flipkart revamps seller financing programme to empower 1 lakh MSMEs
Updated : 6 years, 9 months ago IST
Bengaluru (Karnataka) [India], June 21 (ANI): Sellers on e-commerce major Flipkart platform can now get loans at competitive interest rates from banks and non-banking financial companies (NBFCs) within two days, a move that is likely to benefit more than one lakh micro, small and medium ente
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RBI cuts Repo rate by 0.25 per cent - now is the best time to avail high-i
Updated : 6 years, 11 months ago IST
Pune (Maharashtra) [India] April 9 (ANI/BusinessWire India): The last quarter of 2018 saw an increase in fixed deposit interest rates, due to factors such as an increase in loan to deposit ratio, falling value of Indian rupee and the rising crude prices. Owing to key rates rising by 0.5 p
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Company Fixed Deposits: To perform better than Bank Fixed Deposits in 2019
Updated : 7 years ago IST
Pune (Maharashtra) [India] March 5 (ANI): The year 2018 witnessed all developed economies hiking their interest rates. The US Fed hiked it four times, whereas Reserve Bank of India (RBI) increased its policy rates twice. Bank deposit rates have moved in tandem to this increase. Whil
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RBI cancels registrations of 31 NBFCs
Updated : 7 years, 4 months ago IST
New Delhi [India], Nov 9 (ANI): The Reserve Bank of India (RBI) on Friday cancelled the certificate of registrations of 31 Non-Banking Financial Companies (NBFCs).
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Centre exploring multiple options to resolve IL&FS case: MCA Secy
Updated : 7 years, 4 months ago IST
New Delhi [India], Nov 5 (ANI): Ministry of Corporate Affairs (MCA) secretary Injeti Srinivas on Monday said that the government is exploring multiple options for resolution of the Infrastructure Leasing and Financial Services (IL&FS) crisis.
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Jaitley reviews liquidity crisis in NBFCs
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 30 (ANI): Finance Minister Arun Jaitley on Tuesday chaired the 19th Financial Stability and Development Council (FSDC) meeting in New Delhi, where he reviewed the liquidity crisis prevalent in Non-Banking Financial Companies (NBFCs).
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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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Home Credit Group announces new India CEO
Updated : 7 years, 7 months ago IST
Gurugram (Haryana) [India], Aug 7 (NewsVoir) Home Credit India Finance Pvt. Ltd., one of India's fastest growing non-banking financial companies announced the appointment of Ondrej Kubik as its new Chief Executive Officer (CEO).
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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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