Sunday, February 23, 2025
Home News NBFC

NBFC

To address Credit needs of small merchants UGRO capital Limited acquire ‘MyShubhLife’ aims to target 2 lakh retailers

UGRO Capital Limited credit news: UGRO Capital Limited a leading DataTech NBFC focused on MSME credit, today announced a significant development that underscores its commitment...

UGRO Capital limited announces its capital raise of inr 1,322 cr from existing and new institutional investors & marquee family offices

UGRO Capital Limited, a leading DataTech NBFC focused on MSME lending, today announced that its Board of Directors have approved an equity capital raise...

NBFC update:Ugro Capital Limited has reported a significant 133% surge in net profit, alongside announcing a fund raise totaling Rs 1,332 cr.

NBFC update: Ugro Capital Limited's shares experienced a rise of 1.04 percent, accompanied by a notable increase in trading volume, surpassing 6.87 times the usual....

Poonawalla Fincorp achieves its highest-ever profit after tax (PAT) of ₹332 crore in the fourth quarter, driven by robust disbursements.

Poonawalla Fincorp quarterly results Poonawalla Fincorp recorded its highest-ever quarterly profit of ₹332 crore in Q4 FY24, marking an 84 percent increase year-on-year and a...

Bajaj Finance celebrates a significant victory as the RBI removes restrictions on eCOM and Insta EMI card loans.

Bajaj Finance news update: On Thursday (May 2), Bajaj Finance, a non-banking financial company, announced that the Reserve Bank of India (RBI) has removed the...

NBFC news update:The Reserve Bank of India wields its power, revoking the Certificate of Registration (CoR) granted to an NBFC over irregular lending practices.

NBFC news update: The Reserve Bank has cancelled the Certificate of Registration (CoR) issued to Non-Banking Financial Company (NBFC) due to irregular lending practices ActLoan, AgMoney,...

FDI reform 2.0 heralds discussions on catalytic reforms in banking, defense, and insurance sectors

FDI reform 2.0 In a significant stride towards enhancing economic growth and attracting foreign investment, discussions are underway concerning FDI reform 2.0, with a particular...

IIFL Samasta Finance appoints three new members to its Board.

IIfl-samasta announcement: IIFL Samasta Finance, among India’s leading non-banking microfinance companies (NBFC-MFI), has revealed the addition of three individuals to its Board of Directors. This strategic...

Bajaj Finance reports a 21% increase in net profit to 3,824 crore for Q4, with revenue climbing by 31%.

Bajaj Finance Q4 FY23 result update: Bajaj Finance Limited, a Non-banking Financial Company (NBFC), revealed a consolidated net profit of Rs 3,824.53 crore for the...

Mahindra Finance experiences a 5% decline as the company postpones its earnings meeting due to the discovery of a Rs 150 crore fraud

Mahindra Finance Mahindra Financial Services saw its stock price tumble by over 7% in early trading on Tuesday and bounce back to 5% negative following...

India’s net direct tax collection stands at Rs 19.58 lakh crore, surpassing revised estimates by Rs 13,000 crore

Net Direct Tax India's net direct tax collections for the fiscal year ending March 2024 experienced a robust increase of 17.7 percent year-on-year, reaching Rs...

HDFC Asset Management Company’s Q4 outcomes show a rise in net profit to ₹541 crore, with the announcement of a dividend

HDFC asset management In the fourth quarter, HDFC Asset Management Company (AMC) revealed a 43.8% increase in its standalone net profit to ₹541 crore. The...

Most Read

HBAR Foundation invests in Fidelity International’s USD Money Market Fund, tokenized by Archax

The HBAR Foundation today announces an investment in Archax's tokens representing Fidelity International's United States Dollar (USD) Money Market Fund (MMF) shares*. This investment follows the recent tokenization of...

Bybit FX Insight: Yen carry trade outlook for 2025 and the future of the popular funding currency

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released a new FX Insight report analyzing the evolving landscape of the Japanese yen...

Bank47 expands to Huntsville with a new brand and concierge banking

Bank47, formerly LifeSteps Bank and Trust, is proud to establish its headquarters in Huntsville, marking an exciting new chapter with a fresh brand and...

Gracie Point announces close of successful capital raise to fund continued expansion

Gracie Point Holdings, LLC ("Gracie Point"), a leading global provider of life insurance premium finance, announced today that it has closed on an equity...