NBFC
Goldman Sachs: Why the Fed is still cautious about inflation
Goldman Sachs:
According to Goldman Sachs inflation may not be cooling as quickly as some investors may think, says Anshul Sehgal, head of US Interest...
Santander’s Zinia Secures Role as Exclusive Consumer Finance Provider for Apple in Germany
Santander's Zinia now provides consumer finance services for Apple in Germany
Santander today announced that Zinia, its digital consumer finance platform, will become the new...
The RBI is closely monitoring data related to unsecured retail loans.
The RBI news update
RBI raised concerns about the rapid growth in unsecured retail loans and the over-reliance of NBFCs on bank funding, Governor Shaktikanta...
Bajaj Housing Finance Board Greenlights IPO Proposal to Raise ₹4,000 Crore
Bajaj Housing Finance
Bajaj Housing Finance announced that its board has approved an initial public offering (IPO) plan to raise ₹4,000 crore through a fresh...
JPMorgan CEO Jamie Dimon Reportedly in Line for Knighthood in the U.K. Through Rishi Sunak’s Honors Nominations
JPMorgan CEO Jamie Dimon Reportedly in Line for Knighthood
With JPMorgan CEO Jamie Dimon announcing plans to step down from his role within the next...
NPA Risk for Banks and NBFCs Could Rise Due to Delay in Over 40% of Infrastructure Projects
NPA Risk for Banks and NBFCs
NPA Risk for Banks and NBFCs May Surge Amid Delays in 40% of Infrastructure ProjectsA recent report by the...
Aditya Birla Group Surpasses Benchmark Indices reached $100-Billion Market Cap Milestone
Aditya Birla Group Reaches $100B Milestone
Aditya Birla Group (ABG) firms reached a combined market capitalization of $100 billion, equivalent to Rs 8,51,460.25 crore. “The...
Jio Financial intends to engage in a Rs 36,000 crore agreement with Reliance Retail
Jio Financial's Massive Retail Deal
Jio Financial Services (JFS) is seeking approval from shareholders for its subsidiary to procure equipment valued at 360 billion rupees...
Hero FinCorp Hit with ₹3.1 Lakh Penalty by RBI for Non-Compliance with unfair Practices.
RBI imposes monetary penalty on Hero FinCorp Limited
The Reserve Bank of India (RBI) has levied a monetary penalty of ₹3,10,000 (Rupees Three Lakh Ten...
Varthana secures €3 million in funding
Varthana secures €3 million in funding:
Varthana, a non-banking finance company (NBFC) in the education sector, has secured €3 million (approximately ₹27 crore) in funding...
Gold loan NBFCs remain unaffected by the cash disbursal cap, but analysts anticipate an increase in operating expenses.
Gold loan NBFCs remain unaffected
Gold loan NBFCs have indicated that the RBI directive capping cash loan disbursements at ₹20,000 will have minimal impact, as...
Propelld secures $25 million in debt financing for its NBFC subsidiary, Edgro
Propelld Secures $25M Debt for NBFC Subsidiary Edgro:
Propelld, an education-focused lending platform, has secured $25 million in debt financing for its wholly-owned NBFC subsidiary,...
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New Xero study reveals celebrating success boosts U.S. small business performance
Xero, the global small business platform, has today published new independent research revealing the impact of celebrating business milestones and ‘made-it moments’. The study,...
TeraWulf secures long-term ground lease at Cayuga site to expand high-performance computing infrastructure
TeraWulf Inc., a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced the execution of a...
Crypto Treasury Revolution: How $47B corporate shift creates new investment opportunities
Equity Insider News Commentary – The corporate crypto revolution has moved from experiment to mainstream strategy, as public companies poured $47.3 billion into digital...
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...