Updated : 3 days, 8 hours ago IST
New Delhi [India], Dec 3 (ANI): Public sector banks (PSBs) disbursed Rs 2.39 lakh crore to micro, small and medium enterprises (MSMEs), non-banking finance companies (NBFCs), corporates, retail and agriculture sector borrowers in November, raising the total disbursement since the launch of t
Updated : 2 weeks, 1 day ago IST
New Delhi [India], Nov 21 (ANI): Union Ministry of Finance on Thursday said that Public Sector Banks (PSBs) have disbursed loans to the tune of
Rs 2.53 lakh crore during October under the 'Customer Outreach' initiative.
Mumbai (Maharashtra) [India], Nov 21 (ANI): New guidelines on liquidity risk management (LCR) announced by the Reserve Bank of India (RBI) for non-banking finance companies (NBFCs) including core investment companies (CICs) will increase discipline in liquidity maintenance and improve transp
Updated : 4 weeks, 1 day ago IST
Mumbai (Maharashtra) [India], Nov 7 (ANI): Aditya Birla Capital Ltd said on Thursday its consolidated profit after tax after minority interest in Q2 FY2019-20 grew by 37 per cent year-on-year to Rs 256 crore on the back of a diversified business portfolio.
Updated : 1 month ago IST
New Delhi [India], Nov 3 (ANI): While the liquidity condition in market improves for non-banking finance companies (NBFCs), it is imperative for them to establish strong governance and risk management practices to restore investor confidence and reduce overall borrowing costs, according to a
Updated : 1 month, 1 week ago IST
London [Britain], Oct 25 (ANI): The Indian economy is being held back by a large squeeze in credit availability emanating from non-bank financial companies (NBFCs), according to Fitch Ratings.
New Delhi [India], Oct 24 (ANI): Nucleus Software said on Thursday its consolidated revenue for the second quarter of FY20 totalled Rs 128 crore compared to Rs 121 crore in corresponding quarter of the previous year.
Updated : 1 month, 3 weeks ago IST
New Delhi [India], Oct 14 (ANI): Finance Minister Nirmala Sitharaman said on Monday that public sector banks have sufficient liquidity and efforts are being made to ensure that due payments are released to micro, small and medium enterprises (MSMEs) sector by large corporates.
Jaipur (Rajasthan) [India] Oct 10 (ANI/NewsVoir): Fox Capital - A new age NBFC headquartered in Jaipur, has partnered with ZestMoney, to strengthen the credit reach to the under-serviced the population of India.
Updated : 2 months ago IST
New Delhi [India], Oct 3 (ANI): Non-banking finance company Paisalo Digital said on Thursday that it has signed a co-origination loan agreement with government-owned Bank of Baroda to empower farmers, MSME segment and small businesses.
Updated : 2 months, 2 weeks ago IST
Goa (Panaji) [India], Sept 20 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday reviewed the performance of the banks in a meeting with the top management of public sector bank.
New Delhi [India], Sept 19 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that public sector banks will hold meetings with representatives of Non-Banking Financial Companies (NBFCs) and prospective clients in 400 districts across the country to ensure that more liquidit