Search For "non banking"
Gold loan disbursement racket busted in Delhi, 5 held
Updated : 4 years, 11 months ago IST
New Delhi [India], March 21 (ANI): Delhi Police busted a racket involving officials of a non-banking financial company (NBFC) and arrested five accused in the case, the police said on Sunday.
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Mahindra Finance appoints Amit Raje as COO for digital business
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], March 5 (ANI): Mahindra Finance, a non-banking finance company focused on rural and semi-urban markets, on Friday appointed Amit Raje as a Whole-time Director designated as Chief Operating Officer for digital finance business.
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Business models to evolve for non-banks amid regulatory changes: Ind-Ra
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): India Ratings and Ratings (Ind-Ra) on Thursday maintained a stable outlook on retail non-banking finance company (NBFC) and housing finance company sectors for FY22.
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Aditya Birla Health Insurance introduces India's first health insurance pl
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 26 (ANI/NewsVoir): Aditya Birla Health Insurance Company Ltd. (ABHICL), the Health Insurance subsidiary of Aditya Birla Capital Limited, a significant non-banking financial services company, today announced an industry-first initiative of up to 100 per
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NBFCs continue to lose market share in housing, private auto segments: Emk
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Feb 22 (ANI): The trend of market share losses for non-banking finance companies (NBFCs) to banks is continuing in housing and private auto segments, Emkay Global Financial Services said on Monday.
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L&T Finance Holdings rights successfully oversubscribed
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 18 (ANI/NewsVoir): L&T Finance Holdings Limited ("LTFH" or "Company"), one of the leading private sector Non-Banking Financial Companies in India*, present in businesses including rural finance, housing finance, infrastructure finance, and investme
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Consumer, personal loans bolstered Fintech lending in FY 2021: Equifax SID
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 15 (ANI/PRNewswire): SIDBI and Equifax launched the second edition of "Fintech Pulse", a quarterly publication highlighting key trends of the fast growing NBFC (Non- Banking Financial Company) Fintech segment.
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Rising delinquencies to keep profitability under pressure for foreign PV N
Updated : 5 years, 1 month ago IST
New Delhi [India], February 12 (ANI): The profitability of foreign passenger vehicle non-banking finance company captives (FOCs) is likely to remain subdued over the medium term, according to investment information agency ICRA.
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Paisalo Digital increasing capital base by issuing equity warrants to prom
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 9 (ANI/PRNewswire): Board of Paisalo Digital approved the issue of 2.61 million equity warrants on a preferential basis to promoter group that shall be converted into an equivalent number of equity shares, this shall increase the shareholding of promote
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India's risk-based internal audit requirement for NBFCs is credit positive
Updated : 5 years, 1 month ago IST
Singapore, February 8 (ANI): The Reserve Bank of India (RBI) guidelines for non-banking finance companies (NBFCs) to implement a risk-based internal audit framework in line with banks is credit positive, Moody's Investors Service said on Monday.
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SC refuses to pass order on plea seeking probe into China's alleged survei
Updated : 5 years, 1 month ago IST
New Delhi [India], February 3 (ANI): The Supreme Court on Wednesday refused to pass any order on a plea seeking directions to the Central government to investigate China's alleged surveillance on the President of India, Prime Minister, judges (sitting and retired) of the apex court and Hi
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RBI proposes revised regulatory framework for NBFCs
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer model in the fast-growing industry.
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