RBI's Warning to NBFCs
During an interaction on Wednesday, RBI Deputy Governor Swaminathan J urged Non-Banking Financial Companies (NBFCs) to bolster their governance and assurance...
Moody's prediction:
Moody’s Ratings on Tuesday projected the Indian economy to grow by 6.6 percent in the current fiscal year. They noted that strong credit...
Piramal Enterprises will merge with housing finance:
According to a report from Moneycontrol, the board of directors of Piramal Enterprises, a diversified non-bank finance...
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, 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'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 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 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 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
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 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 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...
Following a significant market correction over the past eight months, signs of recovery are now emerging, setting the stage for momentum investing strategies to...
Ant International, a leading global digital payment, and financial technology provider, today unveils its AI strategy with the launch of Alipay+ GenAI Cockpit, an...
Marcellus Investment Managers, in collaboration with Dun & Bradstreet, today released its India Wealth Survey 2025, an in-depth study capturing the evolving financial behaviours, asset preferences,...
Flipster, a global cryptocurrency trading platform, announced its expansion into the Middle East region with the appointment of a regional head to drive innovation...