Updated : 2 months, 4 weeks ago IST
Mumbai (Maharashtra) [India], Sept 9 (ANI): India Ratings and Research (Ind-Ra) on Monday revised its sector outlook on non-banking finance companies (NBFCs) to negative from stable and maintained its negative outlook on large ticket housing finance companies (HFCs).
Updated : 3 months ago IST
Mumbai (Maharashtra) [India], Sept 2 (ANI): ECL Finance, a subsidiary of Edelweiss Financial Services, and government-owned Central Bank of India have signed an agreement for priority sector lending to micro, small and medium enterprise (MSME) customers.
Updated : 3 months, 2 weeks ago IST
Mumbai (Maharashtra) [India] August 21 (ANI/BusinessWire India): Altico Capital India Limited, a Non-Banking Financial Company (NBFC) promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners headquartered in Mumbai, India, today announced their complete exit from realt
New Delhi [India], Aug 20 (ANI): India recorded 110 merger and acquisition (M&A) deals worth 9.8 billion dollars in July, which is three times the deal values but 10 per cent short of deal volumes as compared to June, according to a report by Grant Thornton India LLP.
New Delhi [India], Aug 19 (ANI): The Ministry of Corporate Affairs on Monday amended the Companies Share Capital and Debentures Rule by removing debenture redemption reserve (DRR) requirement for listed companies, Housing Finance Companies (HFCs) and Non-Banking Finance Companies (NBFCs).
Mumbai (Maharashtra) [India], Aug 19 (ANI): The Reserve Bank of India (RBI) is closely monitoring inter-linkages of non-banking finance companies (NBFCs) with the banking sector, capital market and other financial entities to ensure stability, Governor Shaktikanta Das said on Monday.
Updated : 4 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday announced two key measures to help non-bank financial companies (NBFCs) which are facing a severe liquidity squeeze.
Updated : 4 months, 2 weeks ago IST
Singapore, July 22 (ANI): Dewan Housing Finance Corporation Limited's (DHFL's) weakening solvency is credit negative for Indian banks because they are key lenders to the company and its default will negatively affect their asset quality and profitability, Moody's Investors Service said on Mo
Mumbai (Maharashtra) [India], July 20 (ANI): L&T Finance Holdings (LTFH), a diversified non-banking financial company (NBFC), has posted consolidated profit after tax of Rs 549 crore for the first quarter of 2019-20, up 2 per cent from Rs 538 crore in Q1 FY19.
Updated : 4 months, 3 weeks ago IST
New Delhi [India], July 18 (ANI): Indicating no roll back of the income tax surcharge on the super-rich imposed in the budget, Finance Minister Nirmala Sitharaman on Thursday ruled out any adverse impact of it on investor confidence and said the fears of flight of capital are unfounded.
Mumbai (Maharashtra) [India] July 16 (ANI/NewsVoir): HDFC ERGO General Insurance Company, India's leading private sector general insurance company and Muthoottu Mini Financiers Ltd., announced the tie-up for the distribution of HDFC ERGO's range of non-life insurance offerings for the custom
Updated : 5 months ago IST
Bengaluru (Karnataka) [India] July 10 (ANI/BusinessWire India): BankBazaar.com, India's leading financial marketplace is deepening its presence across India with a 63 per cent increase in non-metro visitors to the website in FY19 as compared to FY18. Of these, more than 54 per cent are new v