L&T Finance Limited (LTF), a leading Non-Banking Financial Company (NBFC), today announced a strategic partnership with Amazon Finance India to develop innovative credit solutions...

NBFC

Mahindra Finance profit grows by 57% YoY to ₹ 369 crores

PJdesk - 23/10/2024 0

The Board of Directors of Mahindra & Mahindra Financial Services Limited (Mahindra Finance), a leading provider of financial services in Emerging India, at its...

NBFC

Mahindra Finance collaborates with Salesforce to digitize MSME lending

PJdesk - 16/10/2024 0

Mahindra Finance,(Mahindra Finance=MF)part of the Mahindra Group and one of the leading NBFCs in India, today announced its collaboration with Salesforce, the global leader...

NBFC

Mahindra Finance enters into a co-origination partnership with UGRO Capital Limited

PJdesk - 26/09/2024 0

Mahindra Finance, one of India’s leading NBFCs and part of the Mahindra Group, today announced a co-origination partnership with UGRO Capital Limited, a DataTech...

NBFC

Gold loans by banks and NBFCs are set to reach the Rs. 15 trillion mark by March 2027: ICRA

PJdesk - 26/09/2024 0

ICRA forecasts the organised gold loans (GL) by banks and non-banking financial companies (NBFCs) to exceed Rs.10 trillion in the current financial year and...

NBFC

M&M Financial Services saw its share price rise over 3% as brokerage firms forecast favorable growth in assets under management (AUM).

PJdesk - 23/09/2024 0

Today, M&M Financial Services (MMFS) stock price rise 3% during intraday trading, despite a positive outlook presented in a report by Axis Capital. In this...

NBFC

Evolving asset quality risks to impact growth and profitability of microfinance: ICRA

PJdesk - 04/09/2024 0

ICRA Report Highlights Rising Credit Costs and Asset Quality Risks in the microfinance Sector In its recent report, ICRA highlighted the increasing delinquencies in the...

NBFC

HDB Financial Services leads the way as the first NBFC to launch NPCI’s e-KYC Setu System

PJdesk - 30/08/2024 0

HDB Financial Services HDB Financial Services (HDBFS), a leading non-banking financial company (NBFC), has set a new industry benchmark by becoming the first to integrate the...

NBFC

Securitization volumes generated by affordable housing finance companies are projected to rise by 27% in FY2025: ICRA

PJdesk - 26/08/2024 0

ICRA Projects Securitisation Volumes by affordable housing finance companies to Reach Rs 8,800 Crore in FY2025 ICRA anticipates that securitization volumes originated by affordable housing...

NBFC

NBFCs fairly resilient to intensifying headwinds; however,growth to moderate to 13-15% in FY2025: ICRA

PJdesk - 22/08/2024 0

ICRA's Outlook on NBFCs: Challenges and Growth Projections: ICRA highlighted that the non-banking financial companies(NBFCs)shall witness headwinds related to funding availability, which is likely to...

NBFC

RBI Imposes ₹5 lakh penalty on Muthoot Housing Finance for Non-Compliance

PJdesk - 13/08/2024 0

RBI Imposes ₹5 lakh penalty on Muthoot Housing Finance The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹5,00,000/- (Rupees Five...

NBFC

Jio financial services approved by RBI to convert into Core Investment Company

PJdesk - 12/07/2024 0

RBI approves Jio financial services' conversion to core investment company Jio Financial Services has received approval from the Reserve Bank of India (RBI) to transition...

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NBFC

Vibhor Steel Tubes’ ₹119.83 Crore Greenfield Odisha Plant Starts Trial Production

UGRO CAPITAL reinforces global impact alliance with FMO, securing ~INR 2,600 million in NCDs

Mahindra Finance gets bUY rating from Axis Capital & Motilal Oswal; Target price set at ₹330-₹335

Mahindra Finance’s Q3 FY25 profit increased by 63% YoY to Rs. 899 crore

RBI imposes monetary penalty on Indian School Finance Company Pvt. Ltd., Telangana

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