Search For "non banking"
RBI asks NBFCs to become part of Unified Lending Interface for better fina
Updated : 1 year ago IST
Sanjay Malhotra, Governor, of the Reserve Bank of India (RBI) on Thursday asked Non-Banking Financial Companies (NBFCs) across all layers to become part of the Unified Lending Interface (ULI) being put in place by the Reserve Bank.
Read More
L&T Finance Ltd. Launches Knowledgeable AI (KAI), an AI-powered Virtua
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], February 1: L&T Finance Limited (LTF), a leading Non-Banking Financial Company (NBFC), is transforming the home loan experience with the launch of Knowledgeable AI (KAI), an AI-powered virtual advisor, on its newly redesigned corporate website (www.ltfinance
Read More
Finance minister to meet NBFCs on March 8 to discuss key issues and greate
Updated : 1 year, 1 month ago IST
The Ministry of Finance on Friday stated that a full-day conclave for Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) will be held on March 8, 2025, in New Delhi.
Read More
L&T Finance Ltd. Records Consol. PAT at Rs. 2,007 Cr for 9 Months Ende
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], January 23: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded a consolidated Profit After Tax (PAT) at Rs. 2,007 Crore for the nine months ended December 31, 2024, a growth of 14% over nine months ended
Read More
NBFCs loan growth to decline to 17 pc in FY25 from 21 pc in FY24 - Jefferi
Updated : 1 year, 2 months ago IST
The loan growth of Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) (excluding IFCs) will moderate to 17 per cent in FY25, down from 21 per cent in FY24, says a report by Jefferies.
Read More
Roopya Launches Next-Generation AI Agents for Loan Origination and Underwr
Updated : 1 year, 2 months ago IST
New Delhi [India], January 9: Roopya, a leading digital lending platform, has announced the launch of its advanced AI-powered agents, setting a new standard in loan origination and underwriting. This breakthrough innovation aims to empower Non-Banking Financial Companies (NBFCs), Loan Servic
Read More
Outlook 2025: Leveraging tech and policy alignment to drive NBFC growth
Updated : 1 year, 2 months ago IST
As India enters 2025, Non-Banking Financial Companies (NBFCs) stand at the threshold of a transformative era, driven by digital innovation, supportive government policies, and an increasing emphasis on sustainability.
Read More
RBI highlights NBFCs' high dependence on banks, calls for diversified fund
Updated : 1 year, 2 months ago IST
The Reserve Bank of India (RBI) has highlighted the need for Non-Banking Financial Companies (NBFCs) to diversify their sources of funding as a key risk mitigation strategy.
Read More
Exploring the Advantages of Fixed Deposits from NBFCs Over Fixed Deposits
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], December 13: Fixed Deposits (FDs) are a popular investment choice for their stability and predictable returns. While most investors are familiar with bank FDs, fixed deposits offered by Non-Banking Financial Companies (NBFCs) have emerged as a compelling alterna
Read More
Nisus Finance Services Co Limited raised INR 32.21 Crore via Anchor Invest
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], December 4: Nisus Finance Services Co Limited engaged into Transaction Advisory Services and Fund and Asset Management, successfully secured a capital infusion of Rs 32.21 crore through anchor book process on December 03, 2024 just ahead of the company's schedul
Read More
L&T Finance Ltd. Celebrates 30 Years of Trusted Excellence
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], November 30: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFC), is proud to announce the completion of 30 years of trusted excellence. It was started in 1994; the Company has established itself as a diversified retail NBFC. LT
Read More
NBFCs growth to remain under pressure amid loan disbursement slowdown, tig
Updated : 1 year, 3 months ago IST
The growth of non-banking financial companies (NBFCs) in India is expected to remain under pressure in the financial year 2025 due to a slowdown in loan disbursements and regulatory challenges, according to a report by Nomura.
Read More