Search For "non banking"
PFC-REC make further reduction in lending rates
Updated : 4 years, 1 month ago IST
New Delhi [India] January 19 (ANI): State-owned non-banking financial companies, Power Finance Corporation (PFC) and REC Limited have further reduced their lending rates across all types of loans by 40 Bps.
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ED attaches Rs 72.32 cr of Kudos Finance, its fintech partner firms in mon
Updated : 4 years, 2 months ago IST
New Delhi [India], January 12 (ANI): The Enforcement Directorate (ED) has attached Rs 72.32 crore lying in various bank accounts and payment gateway accounts of Kudos Finance and Investments Pvt Ltd, an Indian Non-Banking Financial Company (NBFC), and its various fintech partner companies
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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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Poonawalla Fincorp and CARS24 announce strategic partnership for seamless
Updated : 4 years, 3 months ago IST
Pune (Maharashtra) [India], November 22 (ANI/BusinessWire India): CARS24, India's leading e-commerce platform for pre-owned vehicles and Poonawalla Fincorp Ltd (Formerly known as Magma Fincorp Limited), a non-deposit taking systemically important non-banking finance Company (ND-SI-NBFC), hav
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Five Star Business Finance files for Rs 2,752 crore IPO
Updated : 4 years, 4 months ago IST
New Delhi [India], November 11 (ANI): Non-Banking Financial Company, Five Star Business Finance Limited (FSBFL) has filed preliminary papers with the capital markets regulator Securities and Exchange Board of India (SEBI) to raise up to Rs 2,752 crore through an Initial Public Offering (IPO)
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Zavron Finserv introduces instant personal loan application - ZinCash
Updated : 4 years, 4 months ago IST
Pune (Maharashtra) [India], October 19 (ANI/NewsVoir): In their endeavor to constantly meet the requirements of their customers, Zavron Finserv, a non-banking financial institution has recently launched their instant personal loan application called ZinCash.
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ED seizes Rs 131 crore of Chinese-controlled NBFC under FEMA
Updated : 4 years, 5 months ago IST
New Delhi [India], September 30 (ANI): The Enforcement Directorate has seized an additional amount of Rs 131.11 crore lying in bank accounts and virtual accounts belonging to the Chinese national-owned non-banking financial company (NBFC)-PC Financial Services Pvt Ltd - under the provisions
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Indel Money partners with IndusInd Bank for India's first conventional gol
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI/NewsVoir): Indel Money, a non-banking finance company (NBFC) pioneering in gold loans, has entered into a first-of-its-kind conventional gold loan co-lending partnership with IndusInd Bank to offer gold loans at competitive rates to a bigger an
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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, 5 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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Zomato restaurant partners can avail zero processing fee on loans from InC
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 17 (ANI/BusinessWire India): Zomato has partnered with InCred to help cash-strapped food businesses, operating under Zomato food delivery platform across India, by offering zero processing fees on credit from 1st September 2021 till 31st October 2021.
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Reasonable buffers in place for NBFCs to manage headwinds in 2H FY22
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 3 (ANI): India Ratings and Research (Ind-Ra) has changed the outlook to improving from stable for retail non-banking finance companies (NBFCs) and housing finance companies (HFCs) for 2H FY22.
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