Search For "non banking"
Rupee112 rolls-out aggressive growth strategy; Targets Rs 1000 crore in re
Updated : 1 year, 10 months ago IST
New Delhi [India], May 16: Having launched its tailor-made and customer-centric innovative financial solutions, Rupee112, an RBI-registered lending non-banking financial company, has rolled out an aggressive growth strategy, targeting Rs1000 crore in revenue and disbursing 3lakh loans by Fy2
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Siguler Guff Builds 240 Crore Stake in Spandana Sphoorty, a Leading Microf
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], May 6: Siguler Guff & Company, LP ("Siguler Guff" or the "Firm), a global multi-strategy private markets investment firm with over USD 16 billion in assets under management, announced today that it has invested Rs 240 crores, for an approximate 3.5 per cent
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REC gets RBI nod to set up subsidiary in GIFT City, Gujarat
Updated : 1 year, 10 months ago IST
REC Limited, a non-banking financial company, has received a No Objection Certificate (NOC) from Reserve Bank of India (RBI) for setting up a subsidiary in Gujarat International Finance Tech- City ( GIFT) in Gandhinagar, Gujarat.
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IndoStar FY'24 Result: 49% Growth in Focus Retail AUM and 267 Bps improvem
Updated : 1 year, 10 months ago IST
Mumbai (Maharastra) [India], April 30: IndoStar is a non-banking finance company (NBFC) registered with the Reserve Bank of India classified as a Middle layered NBFC, announced the audited financial results for the quarter and year ended March 31, 2024, earlier today.
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RBI cancels registration certificate of Acemoney (India) Ltd due to irregu
Updated : 1 year, 10 months ago IST
The decision to revoke the CoR was made in light of the company's violations of RBI guidelines on risk management and code of conduct in outsourcing financial services, particularly in its digital lending operations conducted through various third-party apps.
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Former NABARD Chairman Dr. Govinda Rajulu Chintala Joins IIFL Samasta Fina
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], April 26: IIFL Samasta Finance, which is one of India's largest non-banking microfinance companies (NBFC-MFI), today said that Former Chairman of NABARD, Dr. Govinda Rajulu Chintala has joined as independent director and Chairman of the Board at IIFL Samasta Fin
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L&T Finance Ltd. Empowers Over 42 Lakh Community Members through the D
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], April 15: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) has empowered over 42 lakh community members so far though the 'Digital Sakhi' program which is a key initiative under Corporate Social Responsibility (CSR).
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RBI cancels registration of four non-banking financial companies
Updated : 1 year, 11 months ago IST
Those companies are Uttar Pradesh-based Kundles Motor Finance Private Limited, Tamil Nadu-based Nithya Finance Limited, Punjab-based Bhatia Hire Purchase Pvt Ltd, and Himachal Pradeesh-based Jiwanjyoti Deposits and Advances Limited.
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Nayanthara named brand ambassador for KLM Axiva Finvest's expansion
Updated : 1 year, 11 months ago IST
Kochi (Kerala) [India], April 3: South Indian superstar Nayanthara has been appointed as the brand ambassador for KLM Axiva Finvest, a prominent non-banking financial company in India. This strategic move aims to leverage Nayanthara's immense popularity and nationwide recognition to propel t
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Varthana Successfully Acquires India School Finance Company's (ISFC) Schoo
Updated : 1 year, 12 months ago IST
Bengaluru (Karnataka) [India], March 19: In a significant development for the education finance landscape in India, Varthana Finance, a leading Non-Banking Finance Company (NBFC) that provides loans to affordable private schools and students to pursue higher education, today announced the su
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IIFL Finance announces Additions to the Board and Enhancement in Senior Ma
Updated : 2 years ago IST
New Delhi [India], March 14: IIFL Finance Ltd., a leading non-banking financial company, today announced significant enhancements to its Board of Directors and senior management team.
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L&T Finance Holdings Ltd. Felicitates Outperforming Employees with Sta
Updated : 2 years ago IST
Mumbai (Maharashtra) [India], March 12: L&T Finance Holdings Ltd. (LTFH), a leading retail financier, is thrilled to announce the recipients of the prestigious 'Star Awards 2024', recognising outstanding contributions from LTFH employees during the previous year.
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