NBFC
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...
RBI Imposes ₹5 lakh penalty on Muthoot Housing Finance for Non-Compliance
RBI Imposes ₹5 lakh penalty on Muthoot Housing FinanceThe Reserve Bank of India (RBI) has imposed a monetary penalty of ₹5,00,000/- (Rupees Five...
Jio financial services approved by RBI to convert into Core Investment Company
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...
Indiabulls Housing Finance Ltd has rebranded itself as Sammaan Capital Ltd.
Indiabulls Housing Finance Ltd. rebrands as Sammaan Capital LtdIndiabulls Housing Finance Ltd has undergone a significant transformation, rebranding itself as Sammaan Capital Ltd. This...
JM Financial to consolidate holdings in debt syndication and distressed credit businesses
Over the past 15 years, JM Financial Group has gained significant expertise and built strong relationships in both the wholesale and distressed credit sectors.
JM...
Matrix Partners India rebrands to Z47 in global renaming initiative
Matrix Partners India Rebrands to Z47 Starting July 1
US-based investment firm Matrix Partners’ Indian arm will rebrand as Z47 starting July 1. This change...
According to RBI data, growth in private corporate sector sales slowed to 4.7% in FY24
RBI Data Reveals Slowdown in Annual Sales Growth for Listed Private Non-Financial Companies to 4.7% in FY24
The Reserve Bank of India's (RBI) data indicates...
RBI Reports Increase in NBFC Borrowing from Banks Despite Higher Risk Weights
NBFC news
Despite higher risk weights, borrowings by non-banking financial companies (NBFCs) from banks increased to 22.6% as of March 31, 2024, up from 19.8%...
UGRO Capital successfully completes equity capital raise of INR 1,265 Crore
UGRO Capital Completes Equity Capital Raise
UGRO Capital Limited, a leading DataTech NBFC specializing in MSME lending, has completed an equity capital raise and allotted...
UGRO Capital successfully completes equity capital raise
UGRO Capital Limited Completes Successful Equity Capital Raise
UGRO Capital Limited, a leading DataTech NBFC focused on MSME lending, today announced the successful completion of...
UBS asset management and Planet Tracker report on how energy transition solutions affect nature.
UBS asset management and Planet Tracker Release Report on Integrating Nature into Energy Transition Solutions
In a new report titled "Climate Meets Nature," UBS Asset...
Akme Fintrade to Raise ₹132 Crore via IPO, Opens for Subscription on June 19
Akme Fintrade to Raise ₹132 Crore Through IPO
Akme Fintrade (India), a prominent non-banking finance company, is set to raise ₹132 crore through an initial...
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TeraWulf secures long-term ground lease at Cayuga site to expand high-performance computing infrastructure
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Crypto Treasury Revolution: How $47B corporate shift creates new investment opportunities
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RayNeo and Ant Group forge strategic partnership to advance AR glasses innovations in payments and beyond
RayNeo and Ant Group today announced a strategic partnership to develop innovative digital payment solutions globally. Beginning with in-store payment scenarios, the augmented reality...