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

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

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

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹50,000/- on Indian School Finance Company Pvt. Ltd. (ISFC), a non-banking financial...

L&T Finance Limited and Amazon forge strategic partnership to revolutionize consumer lending

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...

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

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

Mahindra Finance collaborates with Salesforce to digitize MSME lending

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...

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

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...

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

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...

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

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...

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

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...

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

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...

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

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...

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

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...
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