Search For "non banking"
RBI working towards stable financial system in evolving scenario: Shaktika
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The Reserve Bank of India (RBI) is closely monitoring inter-linkages of non-banking finance companies (NBFCs) with the banking sector, capital market and other financial entities to ensure stability, Governor Shaktikanta Das said on Monday.
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L&T Finance Holdings reports profit of Rs 549 crore in Q1 FY20
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 20 (ANI): L&T Finance Holdings (LTFH), a diversified non-banking financial company (NBFC), has posted consolidated profit after tax of Rs 549 crore for the first quarter of 2019-20, up 2 per cent from Rs 538 crore in Q1 FY19.
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RBI welcomes move to bring NBFCs under its regulation: Das
Updated : 6 years, 8 months ago IST
New Delhi [India], July 8 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday it will do its best after being given the additional responsibility of supervising and regulating non-banking financial companies (NBFCs) in a bid to boost investment and lending in the econo
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Strengthening regulatory authority of RBI over NBFCs
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): The government will strengthen regulatory authority of Reserve Bank of India (RBI) over non-banking financial companies (NBFCs), Finance Minister Nirmala Sitharaman said on Friday.
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Flipkart revamps seller financing programme to empower 1 lakh MSMEs
Updated : 6 years, 8 months ago IST
Bengaluru (Karnataka) [India], June 21 (ANI): Sellers on e-commerce major Flipkart platform can now get loans at competitive interest rates from banks and non-banking financial companies (NBFCs) within two days, a move that is likely to benefit more than one lakh micro, small and medium ente
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Piramal sells entire 9.9 pc stake in Shriram Transport
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): Piramal Enterprises Ltd (PEL) said on Monday it has divested its entire 9.96 per cent stake in Shriram Transport Finance Company (STFC), the non-banking financial company of Chennai-based Shriram Group.
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Edelweiss, Bank of Baroda to co-lend to SMEs
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): ECL Finance, the flagship non-banking financial company of Edelweiss Group, and Bank of Baroda, India's second largest public sector bank, on Wednesday, signed an agreement to form a strategic partnership to explore co-lending opportunities.
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RBI cuts Repo rate by 0.25 per cent - now is the best time to avail high-i
Updated : 6 years, 11 months ago IST
Pune (Maharashtra) [India] April 9 (ANI/BusinessWire India): The last quarter of 2018 saw an increase in fixed deposit interest rates, due to factors such as an increase in loan to deposit ratio, falling value of Indian rupee and the rising crude prices. Owing to key rates rising by 0.5 p
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Retail NBFCs likely to see improved liquidity in second half of FY 20
Updated : 6 years, 11 months ago IST
New Delhi [India], Apr 7 (ANI): Retail non-banking finance companies (NBFCs) are likely to witness improvement in liquidity conditions during the second half of current fiscal year (October 2019 to March 2020), market experts say.
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Bajaj Finserv wins gold for 'Digital Marketing Excellence' at DIGIXX 2019
Updated : 6 years, 11 months ago IST
Pune (Maharashtra) [India] April 4 (ANI/BusinessWire India): Bajaj Finance Ltd., the lending arm of Bajaj Finserv, India's fastest growing and most diversified Non-Banking Financial institution bagged the gold award for 'Digital Marketing Excellence in Financial Service'- for its Fixed De
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Rahul Bajaj to step down as Chairman, Non-Executive Director of Bajaj Fins
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], Mar 13 (ANI): Leading industrialist Rahul Bajaj will step down as the Chairman and Non-Executive Director of Bajaj Finserv from May 16 as part of succession planning, the diversified non-banking financial company said on Wednesday.
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CDPQ to invest over Rs 1,800 crore in Edelweiss NBFC
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Edelweiss Group has said that CDPQ Private Equity, a wholly-owned subsidiary of one of North America’s largest pension fund managers, has signed an agreement to invest over Rs 1,800 crore in its non-banking financial arm ECL Finance.
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