Search For "non banking financial companies"
RBI highlights NBFCs' high dependence on banks, calls for diversified fund
Updated : 1 year, 2 months ago IST
The Reserve Bank of India (RBI) has highlighted the need for Non-Banking Financial Companies (NBFCs) to diversify their sources of funding as a key risk mitigation strategy.
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Exploring the Advantages of Fixed Deposits from NBFCs Over Fixed Deposits
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], December 13: Fixed Deposits (FDs) are a popular investment choice for their stability and predictable returns. While most investors are familiar with bank FDs, fixed deposits offered by Non-Banking Financial Companies (NBFCs) have emerged as a compelling alterna
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L&T Finance Ltd. Celebrates 30 Years of Trusted Excellence
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], November 30: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFC), is proud to announce the completion of 30 years of trusted excellence. It was started in 1994; the Company has established itself as a diversified retail NBFC. LT
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NBFCs growth to remain under pressure amid loan disbursement slowdown, tig
Updated : 1 year, 3 months ago IST
The growth of non-banking financial companies (NBFCs) in India is expected to remain under pressure in the financial year 2025 due to a slowdown in loan disbursements and regulatory challenges, according to a report by Nomura.
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Secure Your Future: Some of the Best Fixed Deposit Rates in India 2024
Updated : 1 year, 4 months ago IST
New Delhi [India], November 6: Fixed Deposits (FDs) are a popular savings instrument for many Indian investors. They are known for their low risk and stable returns. By locking in your savings for a fixed tenure, you earn a guaranteed interest rate on your principal. However, simply parking
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L&T Finance Ltd. Launches #SapnoWaliDiwali AI-powered Campaign
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], October 29: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, has announced the launch of its #SapnoWaliDiwali campaign. Through this initiative, LTF aims to empower dreams and aspirations, encouraging individ
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How to Open an FD Account with Attractive Interest Rates?
Updated : 1 year, 4 months ago IST
Pune (Maharashtra) [India], October 24: Fixed Deposits (FDs) remain one of the most preferred investment options, especially for risk-averse individuals seeking a stable return. The guaranteed returns, relatively higher interest rates compared to a regular savings account, and flexibility in
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Gold NBFCs will benefit from potential rate cuts and prices surge: Jefferi
Updated : 1 year, 4 months ago IST
The non-banking financial companies (NBFCs) that focus on gold loans are poised to gain from the dual tailwinds of rising gold prices and potential rate cuts in the near future, Jefferies said in a report.
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Usha Financial Services Limited - A Prominent RBI Licensed NBFC - Set to L
Updated : 1 year, 5 months ago IST
New Delhi [India], October 14: Usha Financial Services Limited, one of the leading RBI licensed Non-Banking Financial Companies (NBFCs) in India, is proud to announce the upcoming opening of its Initial Public Offering (IPO) soon. The company received official approval on October , 2024, fro
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RBI cautioned NBFCs for incentives and targets for loans, warned action
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned Non-Banking Financial Companies (NBFCs) that give incentives and fixed targets for granting loans to their employees.
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NBFCs tap alternatives to grow as loans from banks slow: Crisil Ratings
Updated : 1 year, 5 months ago IST
Non-banking financial companies (NBFCs) are increasingly attempting to access funding sources beyond banks, such as through non-convertible debentures (NCD), commercial papers (CP), foreign currency borrowings (FCB) and securitisation, to continue their growth march, asserted Crisil Ratings.
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CRISIL Removes IIFL Finance from 'Rating Watch with Developing Implication
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], October 2: IIFL Finance, which is one of India's largest non-banking financial companies, today said that leading rating agency CRISIL has removed IIFL Finance from 'Rating Watch with Developing Implications' and has reaffirmed the rating at 'CRISIL AA/CRISIL A
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