Search For "non banking"
Sitharaman announces Rs 30,000 crore special liquidity scheme for NBFCs, M
Updated : 5 years, 10 months ago IST
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs).
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Clix Capital builds seamless customer service amid lockdown
Updated : 5 years, 10 months ago IST
New Delhi [India] April 28 (ANI/NewsVoir): One of India's leading digital non-banking financial companies (NBFC), Clix Capital, which recently raised $40 million has built a great customer service despite lockdown.
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MHA issues order to include activities in four sectors in its consolidated
Updated : 5 years, 11 months ago IST
New Delhi [India], April 17 (ANI): The Ministry of Home Affairs (MHA) has issued an order to include more activities which include Non-Banking financial institutions, cooperative credit societies and other financial institutions with minimum staff, making them exempt from the lockdown wit
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Moody's takes rating actions on three Indian NBFCs
Updated : 5 years, 11 months ago IST
Singapore, April 14 (ANI): Moody's Investors Service has taken rating actions on three Indian non-banking financial companies (NBFCs).
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Combating COVID-19: PFC to contribute one day salary to PM-CARES Fund
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 31 (ANI): Power Finance Corporation Ltd (PFC), a leading non-banking finance company (NBFC) in the power sector and the central PSU under Ministry of Power has pledged to contribute Rs 200 crore to PM-CARES fund to support the fight against COVID-19.
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Ashok Leyland acquires 3.62 pc stake in Hinduja Leyland Finance
Updated : 5 years, 11 months ago IST
Chennai (Tamil Nadu) [India], Mar 25 (ANI): Ashok Leyland said on Wednesday it has acquired 1.7 crore shares of Rs 10 each constituting 3.62 per cent of the paid-up equity share capital of Hinduja Leyland Finance Ltd (HLFL).
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Maruti Suzuki partners with HDB Financial Services for car loans
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): Maruti Suzuki India Ltd (MSIL) on Wednesday partnered with non-banking financial company HDB Financial Services (HDBFS) to provide customised car loans for customers.
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Bank credit growth on a low swing this fiscal: Care Ratings
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
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Acko partners with HDB Financial Services to offer micro insurance on HDB
Updated : 6 years ago IST
Bengaluru (Karnataka) [India] Feb 27 (ANI/NewsVoir): Acko General Insurance Limited has announced a partnership with HDB Financial Services Ltd, India's leading Non-Banking Financial Company (NBFC).
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Reforms in banking sector to remain priority: Sitharaman
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): A clean, reliable and robust financial sector is critical to achieving the vision of India becoming a five trillion economy in the next five years, Finance Minister Nirmala Sitharaman said on Saturday.
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Marginal uptick in GDP for FY21 at 5.5 pc but downside risks remain: Ind-R
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 22 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday it expects gross domestic product (GDP) to grow at 5.5 per cent year-on-year in the next financial year (FY 20-21) but added that downside risks persist.
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India's growth slowed sharply owing to stress in non-banking financial sec
Updated : 6 years, 1 month ago IST
Davos [Switzerland], Jan 20 (ANI): The downward revision primarily reflects negative surprises to economic activity in a few emerging market economies, notably India, which led to a reassessment of growth prospects over the next two years, said Gita Gopinath, Chief Economist, Internationa
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