NBFC
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,...
LIC Housing Finance Q4 Results: Net profit decreases by 7.5%, amounting to Rs 1,091 crore
LIC Housing Finance Q4 Results:
On Wednesday, mortgage financier LIC Housing Finance reported a 7.5% decline in its net profit, which stood at Rs 1,091...
The RBI advises NBFCs to remain vigilant against potential risks at all times.
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 projects a 6.6% growth rate for the Indian economy in FY25.
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 to merge with unlisted housing finance arm, fortifying compliance with listing regulations and optimizing group structure for enhanced efficiency
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...
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...
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Indian mutual fund industry sees steady growth in January 2026, crosses ₹81 lakh crore AUM milestone
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Exito Media Concepts announces the 44th edition of the enterprise Tech Summit – Saudi Arabia 2026
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Carlyle to invest ₹2,100 Cr in Edelweiss’ Nido Home Finance
Edelweiss Financial Services Limited (Edelweiss) and global investment firm The Carlyle Group (NASDAQ: CG) today announced that investment funds affiliated with Carlyle will acquire...