Search For "non banking"
NBFC-MFI sector may see more restructuring of portfolio: Crisil
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, according to Crisil Ratings.
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PFS sanctions fresh loans of Rs 2,329 crore in Q4
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 10 (ANI): PTC India Financial Services (PFS) said on Thursday it sanctioned fresh loans of Rs 2,329 crore and disbursements of Rs 1,331 crore during the quarter ended March.
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Lockdowns adversely impact collections of non-bank finance companies: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], June 3 (ANI): Investment information firm ICRA has said that non-banks (non-banking finance companies and housing finance companies) will feel the stress of second wave Covid-19 lockdowns and movement restrictions imposed by various states in April and May.
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Capri Global Capital PAT rises 10 pc to Rs 177 crore
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): Non-banking finance company Capri Global Capital Ltd (CGCL) has reported 10 per cent hike in its profit after tax to Rs 177 crore in the financial year ended March (FY21) from Rs 161 crore in FY20.
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Fitch affirms Indian Railway Finance Corp at BBB-minus
Updated : 4 years, 9 months ago IST
Hong Kong, May 27 (ANI): Fitch Ratings has affirmed Indian Railway Finance Corporation Ltd's (IRFC's) long-term foreign and local currency issuer default ratings at BBB-minus.
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RBI Governor meets MDs, CEOs of NBFC-Micro Finance institutions
Updated : 4 years, 10 months ago IST
New Delhi [India], May 3 (ANI): The Reserve bank of India Governor, Shaktikanta Das on Monday met managing directors (MD) and Chief Executive officers (CEOs) of Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) via video conferencing.
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Concerns re-emerge on retail loans asset quality due to increasing lockdow
Updated : 4 years, 10 months ago IST
New Delhi [India], Apr 24 (ANI): The rising Covid-19 cases has again raised concerns on asset quality of retail loans from non-banking financial companies (NBFCs) and housing finance companies (HFCs), , according to investment information agency ICRA.
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Fullerton India launches Free Credit Score Service online
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI/BusinessWire India): Fullerton India Credit Company is a leading non-banking financial institution with branches all over India. Fullerton offers a Free Credit Score Service online for its customers.
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Asset quality headwinds to impact retail NBFC net earnings in FY22: ICRA
Updated : 4 years, 11 months ago IST
New Delhi [India], April 17 (ANI): The growth in assets under management (AUMs) of retail non-banking financial company (retail NBFC) sector is expected to revive in FY22 to about 8 to 10 per cent as compared to an estimated growth of a muted 3 to 5 per cent in FY2021, according to investmen
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Avanti Finance raises Rs 195 crores in series A and debt funding round led
Updated : 4 years, 11 months ago IST
Bengaluru (Karnataka) [India], April 7 (ANI): Avanti Finance, a technology-led non-banking finance company, has raised 26 million dollars (Rs 195 crore) in debt and equity from Oikocredit, Nomura and the Bill & Melinda Gates Foundation.
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Loans of Rs 14.96 lakh crore sanctioned since launch of PM Mudra scheme
Updated : 4 years, 11 months ago IST
New Delhi [India], April 7 (ANI): More than 28.68 crore loans for an amount of Rs 14.96 lakh crore have been sanctioned by banks, Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) since the launch of Pradhan Mantri Mudra Yojana (PMMY), according to the Centre.
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JICA signs loan agreement with TCCL for 'Climate Change Management Project
Updated : 4 years, 11 months ago IST
Tokyo [Japan], March 30 (ANI): Japan International Cooperation Agency (JICA) recently signed a loan agreement with the Non-Banking Financial Company, Tata Cleantech Capital Limited (TCCL) for a maximum amount of 10 billion Japanese yen for the "Climate Change Management Project" in India.
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