Search For "non banking"
Mortgage loans by NBFCs, AHFCs to grow at 17-19% and 20-22% over next thre
Updated : 7 months, 1 week ago IST
ICRA forecasts a significant expansion in retail mortgage-backed loans provided by non-banking financial companies (NBFCs) and housing finance companies (HFCs).
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NBFC credit to GDP has increased to 26% in FY25, continues to outpace bank
Updated : 7 months, 1 week ago IST
The credit provided by Non-Banking Financial Companies (NBFCs) in India has seen a sharp rise over the years, with NBFC credit to GDP increasing to 26 per cent in FY25, up from 16 per cent in FY19, according to a report by Ionic Wealth.
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L&T Finance Ltd. Records Consolidated PAT of Rs. 701 Crore for the Fir
Updated : 7 months, 1 week ago IST
Mumbai (Maharashtra) [India], July 21: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded consolidated Profit After Tax (PAT) of Rs. 701 Crore, up 10% Quarter-on-Quarter (QoQ) and 2% Year-on-Year (YoY) for the first quarter ended June
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Private banks losing market share across segments, Public sector banks, NB
Updated : 7 months, 4 weeks ago IST
Private banks are losing market share across segments, while public sector banks (PSBs) and non-banking finance companies (NBFCs) continue to gain ground, according to a recent report by JM Financial.
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VP Nandakumar Talks About How NBFCs Bridge India's Credit Gap
Updated : 8 months ago IST
New Delhi [India], July 11: The Indian banking sector has undergone a remarkable transformation with the rise of Non-Banking Financial Companies (NBFCs), which have redefined how credit is accessed and delivered across the country.
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Loan recovery practices of NBFCs must be fair, respectful: FM Sitharaman
Updated : 8 months, 1 week ago IST
Union Finance Minister Nirmala Sitharaman emphasized that the loan recovery practices of Non-Banking Financial Companies (NBFCs) must be fair, respectful, and empathetic, and must strictly align with the Reserve Bank of India's (RBI) Fair Practices Code.
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For NBFCs, education loan AUM growth to halve amid US headwinds: Crisil
Updated : 8 months, 1 week ago IST
For non-banking finance companies (NBFCs), education loans have been the fastest-growing asset class, clocking over 50 per cent growth in the assets under management (AUM) over the past few years.
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Revival in vehicle sales key to sustained growth for NBFCs, Insurance sect
Updated : 8 months, 1 week ago IST
A sustained revival in vehicle sales is critical for long-term growth in the Non-Banking Financial Companies (NBFC) and insurance sectors, according to a report by Emkay Research.
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360 ONE gets CCI approval to acquire UBS India's wealth and lending busine
Updated : 8 months, 1 week ago IST
The Competition Commission of India (CCI) approved the acquisition of wealth and lending units of UBS AG by 360 ONE Group entities.
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L&T Finance Ltd. Launches a Comprehensive Financial Awareness Drive
Updated : 8 months, 1 week ago IST
Mumbai (Maharashtra) [India], July 8: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, has launched a comprehensive financial awareness drive aimed at empowering diverse communities across India.
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Shriram Life Insurance Partners with Muthoot Mercantile to Expand Insuranc
Updated : 8 months, 2 weeks ago IST
Thiruvananthapuram (Kerala) [India], June 28: Shriram Life Insurance Company Limited (SLIC) is proud to announce a strategic partnership with Muthoot Mercantile Ltd. (MML), a Kerala-based Non-Banking Financial Company (NBFC) renowned for its gold loan services. Through this collaboration, MM
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Sarbananda Sonowal inaugurates Sagarmala Finance Corporation Limited, Indi
Updated : 8 months, 2 weeks ago IST
The Union Minister of Ports, Shipping & Waterways MoPSW), Sarbananda Sonowal on Thursday inaugurated Sagarmala Finance Corporation Limited (SMFCL), India's first Non-Banking Financial Company (NBFC) in the maritime sector.
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