NBFC
Vibhor Steel Tubes’ ₹119.83 Crore Greenfield Odisha Plant Starts Trial Production
Vibhor Steel Tubes Limited, a leading manufacturer of high-quality steel tubes and pipes, announced the successful commencement of trial production at its Unit III...
UGRO CAPITAL reinforces global impact alliance with FMO, securing ~INR 2,600 million in NCDs
UGRO Capital, a leading DataTech NBFC focused on MSME lending, today announced its latest strategic financing collaboration with FMO, the Dutch entrepreneurial development bank....
Mahindra Finance gets bUY rating from Axis Capital & Motilal Oswal; Target price set at ₹330-₹335
Mahindra Finance, one of the leading NBFCs in India with an AUM of over Rs. 1.15 lakh crore announced a quarterly results, and they...
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 SectorIn its recent report, ICRA highlighted the increasing delinquencies in the...
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Bank Credit growth maintains robust momentum
Bank credit growth in India continues to remain resilient, reflecting sustained lending momentum across key segments of the economy. As per the latest data...
IRDAI strengthens regulatory framework for Motor Insurance claim settlement
The sector regulator, Insurance Regulatory and Development Authority of India (IRDAI) has taken various regulatory measures for protection of policyholders’ interests which require insurers...
RedotPay raises US$107M in series B to drive Stablecoin payments adoption globally
RedotPay a global stablecoin-based payment fintech, today announced the successful completion of its US$107 million Series B round, bringing the total capital raised in...
Crypto.com announces strategic collaboration with ERShares and signal markets to launch global prediction Market-Intelligence platform
Crypto.com | Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse and an affiliate of Crypto.com today announced a strategic collaboration with ERShares, LLC...