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...

NBFC

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

PJdesk - 21/04/2024 0

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...

NBFC

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

PJdesk - 20/04/2024 0

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...

NBFC

Manappuram Finance plans to secure funds of up to $500 million through external commercial borrowing.

PJdesk - 20/04/2024 0

Manappuram Finance On Friday, gold loan provider Manappuram Finance announced that its board has sanctioned the raising of up to $500 million (approximately Rs 4,100...

NBFC

Tata has requested approval from the Reserve Bank of India (RBI) to bypass the requirement of listing its Non-Banking Financial Company (NBFC)

PJdesk - 20/04/2024 0

The TATA sons NBFC news update: The Tata Group has petitioned the Reserve Bank of India (RBI) for an exemption to forego the obligation of...

News

The IMF has increased its GDP growth forecast for India in FY25 by 30 basis points to 6.8%.

PJdesk - 16/04/2024 0

IMF on Indian GDP The International Monetary Fund has revised its projection for India's GDP growth in the fiscal year 2025 (FY25). The organization raised...

NBFC

Jio Financial and BlackRock’s joint venture is set to introduce services in wealth management and broking

PJdesk - 16/04/2024 0

Jio Financial and BlackRock deal: On April 15, Jio Financial Services declared that it has initiated a partnership with BlackRock, a US-based company, to delve...

News

Bajaj Finance has asserted significant upticks in fixed deposit rates across the vast majority of durations.

PJdesk - 11/04/2024 0

Bajaj Finance has declared increases in fixed deposit rates Bajaj Finance has announced increases in fixed deposit rates across various terms. Effective April 3rd, the...

NBFC

Unfortunately, five NBFCs have forfeited their Certificate of Registration to the RBI.

PJdesk - 06/04/2024 0

Five NBFCs have relinquished their Certificate of Registration to the RBI Growing Opportunity Finance (India) Private Limited,Invel Commercial Pvt. Ltd.,Mohan Finance Ltd,Saraswati Properties Limited and...

NBFC

How many times KYC needs to be done? Kotak AMC’s Nilesh Shah vented his frustration

PJdesk - 30/03/2024 0

Kotak AMC Nilesh Shah, the managing director of Kotak AMC, vented his frustration with the current Know Your Customer (KYC) process on X platform, previously...

NBFC

Bajaj Finance stock price continues rising on 5th consecutive day despite negative market sentiments

PJdesk - 26/03/2024 0

Bajaj Finance stock price Update Bajaj Finance Ltd is trading at Rs 6923.85, showing a 2.41% increase as of 12:44 IST on the NSE. Over...

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NBFC

MMFSL reported a 33% year-on-year growth in Profit After Tax (PAT) for FY25

Tyger Capital and Credgenics join hands to redefine collections management with innovative tech solutions

Vibhor Steel Tubes’ ₹119.83 Crore Greenfield Odisha Plant Starts Trial Production

UGRO CAPITAL reinforces global impact alliance with FMO, securing ~INR 2,600 million in NCDs

Mahindra Finance gets bUY rating from Axis Capital & Motilal Oswal; Target price set at ₹330-₹335

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