Search For "non banking"
Jio Financials gets RBI nod to become Core Investment Company
Updated : 1 year, 8 months ago IST
Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a Core Investment Company (CIC) from a Non-Banking Financial Company (NBFC).
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Understanding Fixed Deposit Interest Rates: A Comprehensive Guide
Updated : 1 year, 8 months ago IST
New Delhi [India], July 9: When choosing a fixed deposit scheme, the interest rate is one of the crucial factors to consider. The math here is simple - the higher the interest rate offered, the higher your returns. But how much does the interest rate affect your investment? How is the intere
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TFCILTD IN FOCUS: Adani Group Advisor and Former MD & CEO of Karnataka
Updated : 1 year, 8 months ago IST
New Delhi [India], July 9: In a significant move set to bolster its strategic capabilities, Tourism Finance Corporation of India Ltd (TFCILTD), a notable Non-Banking Financial Company (NBFC), has announced the appointment of two distinguished professionals, Deepak Amitabh and Dr Mahabaleshwa
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Securitisation market grows by 17 pc in Q1FY25 (YoY) to Rs 45,000 crore
Updated : 1 year, 8 months ago IST
The securitisation market in India witnessed robust growth with the volume reaching at around Rs 45,000 crore, in the first quarter (April-June) of 2024, highlights a report by Crisil.
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SBI raises Rs 10,000 crore through infrastructure bonds at 7.36 per cent
Updated : 1 year, 8 months ago IST
The bank said that the total number of bids received was 143 indicating wider participation and heterogeneity.
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"India's domestic financial system is now in a much stronger position": RB
Updated : 1 year, 8 months ago IST
Das said, "India's domestic financial system is now in a much stronger position than it was before we entered the period of the COVID crisis. Indian financial system is now in a much stronger position, characterized by robust capital adequacy, low levels of non-performing assets, and healthy
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Credit growth up by 19.3 pc, crosses deposit growth; PVBs outpace PSBs: Ca
Updated : 1 year, 8 months ago IST
This growth translates to an absolute expansion of Rs 26.6 lakh crore since March 2023, reaching a total outstanding credit of Rs 164.3 lakh crore as of March 31, 2024.
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Akme fintrade Ltd. India Ltd. IPO ( Aasaan Loans IPO) opens on 19 th June,
Updated : 1 year, 9 months ago IST
New Delhi [India], June 17: Akme Fintrade (India) Limited is a RBI registered, leading Non-Banking Finance Company (NBFC) established in 1996. The IPO opens on 19 th June 2024 and closes 21st June 2024. It is a fresh issue of 11, 00,000 shares. Book Built issue aggregating up to 132 cr.
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India's non-banking financial sector grew by 10%; declined globally by 3 %
Updated : 1 year, 9 months ago IST
India's non-banking financial sector registered a growth of 10 per cent however globally the sector declined by 3 per cent, highlights a report by SBI.
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Learn Expert Tips to Negotiate a Better Personal Loan Deal, Improve Your C
Updated : 1 year, 9 months ago IST
New Delhi [India], June 12: Acquiring better terms on a personal loan could impact economic well-being significantly. The digital era has seen a rise in the popularity of personal loan apps as means of accessing financial services. These applications are provided by various banks and NBFCs i
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Hero Fincorp an arm of Hero MotoCorp to raise Rs 4000 cr through IPO
Updated : 1 year, 9 months ago IST
The Board of Hero FinCorp, a non-banking financial company and an associate of Hero MotoCorp, has approved an Initial Public Offering (IPO) for a fresh issue and offer for sale, the company informed the exchange in a filing.
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Hot MSME Growth: Top Undervalued Pick in NBFCs
Updated : 1 year, 10 months ago IST
New Delhi [India], May 16: UGRO Capital, a standout player in India's financial landscape, presents a compelling investment opportunity with its unique focus on empowering small and medium-sized enterprises (SMEs). The company's innovative approach, robust financial performance, and strategi
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