Search For "non banking"
Fintech Capital Trust struggles to beat Covid-19 blues
Updated : 4 years, 6 months ago IST
New Delhi [India], Aug 17 (ANI): Non-banking finance company Capital Trust has reported a loss of Rs 14 crore in Q1 FY22 from a profit after tax of Rs 2 crore in the same period of last fiscal due to second wave of Covid-19 impacting semi-urban and rural markets.
Read More
Capital Trust announces PTC transaction of Rs 28 cr with U GRO Capital
Updated : 4 years, 7 months ago IST
New Delhi [India], August 3 (ANI): Non-banking finance company Capital Trust said on Tuesday it has entered into a pass through certificates (PTC) transaction with U GRO Capital, a technology-focused small business lending platform.
Read More
Capri Global Capital Q1 PAT rises 16 pc to Rs 46 cr
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 3 (ANI): Diversified non-banking finance company Capri Global Capital Ltd (CGCL) has reported 16 per cent hike in its profit after tax to Rs 46 crore in the April to June quarter from Rs 40 crore in the year-ago period.
Read More
HDFC posts profit before tax of Rs 3,905 cr in Q1
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 2 (ANI): Non-banking finance company Housing Development Finance Corporation (HDFC) on Monday reported a profit before tax of Rs 3,905 crore for the quarter ended June 30 compared to Rs 3,607 crore in the previous year.
Read More
Capital markets to play bigger role in funding economic growth: SEBI Chair
Updated : 4 years, 7 months ago IST
New Delhi [India], July 28 (ANI): SEBI Chairman Ajay Tyagi said on Wednesday that a large part of the non-banking financial intermediation is happening through capital markets.
Read More
Magma Fincorp Limited announces name change to Poonawalla Fincorp Limited
Updated : 4 years, 7 months ago IST
Pune (Maharashtra) [India], July 23 (ANI/BusinessWire India): Magma Fincorp Limited, a RBI-registered non-banking finance company (NBFC) has been rechristened as Poonawalla Fincorp Limited and has initiated rebranding activity, following the acquisition of controlling stake by Adar Poonawall
Read More
Muthoottu Mini Financiers Ltd. posts 18 percent growth in the financial ye
Updated : 4 years, 8 months ago IST
Kochi (Kerala) [India], June 26 (ANI/NewsVoir): Muthoottu Mini Financiers Ltd. (MMFL), one of the leading non-banking finance companies (NBFC) in India today announced its annual financial results. The company has registered a growth of 18 percent for the financial year 2020-21.
Read More
Covered bonds likely to pick up with better stakeholder awareness: ICRA
Updated : 4 years, 8 months ago IST
New Delhi [India], June 26 (ANI): Covered bonds backed by security pool of gold loans and vehicle loans are findling favour with investors, rating agency ICRA has said.
Read More
BSE-listed hybrid fintech company Choice International reports INR 167 mil
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 26 (ANI/PRNewswire): BSE-listed Choice International Limited, a fintech conglomerate, reported a net profit of Rs 167 million on a revenue of Rs 1,687 million for the year 2020-21 (Apr-Mar), up 35 per cent and 30 per cent respectively over the previous year
Read More
Cyril Amarchand Mangaldas advises on corporate insolvency resolution proce
Updated : 4 years, 8 months ago IST
New Delhi/Mumbai [India], June 22 (ANI/NewsVoir): Cyril Amarchand Mangaldas (Firm) acted as the legal counsel to Committee of Creditors (CoC) of Dewan Housing Finance Corporation Limited (DHFL) on DHFL's corporate insolvency resolution process. The CoC of DHFL comprises of banks, financial i
Read More
Vakrangee Q4 revenue up 37 pc to Rs 102 crore
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 21 (ANI): Non-banking company Vakrangee Ltd has posted revenue from operations at Rs 102 crore in Q4 FY21 as against Rs 74 crore for the preceding quarter, registering a growth of 37 per cent.
Read More
New harmonisation proposals to create level playing field for NBFCs-MFIs:
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): Harmonisation guidelines proposed by the Reserve Bank of India (RBI) for non-banking finance companies and microfinance institutions (NBFCs-MFIs) are need of the hour to address diverse interpretations of regulations by multiple forms of entities,
Read More