Updated : 9 months, 2 weeks ago IST
New Delhi [India], Oct 4 (ANI-BusinessWireIndia): MobiKwik has announced the launch of its breakthrough product 'Boost' to offer instant loan approval and disbursal to MobiKwik users.
Updated : 10 months, 3 weeks ago IST
New Delhi [India], Aug 30 (NewsVoir): Home Credit India Finance Pvt. Ltd., one of India's fastest growing non-banking financial companies (NBFCs), has unveiled its new brand campaign, "Bade bano bade chalo" which encourages customers to rise up when taking loans, especially if they are hesit
Updated : 10 months, 4 weeks ago IST
New Delhi [India], Aug 24 (ANI): Encore Theme Technologies, the fastest growing business software solution player in the supply chain finance, home finance, retail and corporate lending for banks and NBFCs has announced the deployment of its flagship product ThemeChain™ at India's p
Updated : 1 year, 1 month ago IST
New Delhi [India], June 12 (ANI): Digital financial services platform MobiKwik on Tuesday announced the appointment of Vinayak N as the Head of the Lending Business.
Updated : 1 year, 2 months ago IST
New Delhi [India], Apr. 21 (ANI): With an increase in the detection of banking frauds in the recent past, small-scale business entities in the micro, small, and medium-sized enterprise (MSME) sector are now turning to Non-Banking Financial Companies (NBFCs) for their financial needs.
Updated : 1 year, 3 months ago IST
Gurgaon (Haryana) [India], Apr 06 (NewsVoir): Paisabazaar.com, India's largest loans and cards marketplace, announced today that it received more than 15 lakh product applications from 926 cities and towns across India last month.
New Delhi [India], Mar 22 (ANI): Prevention of Money Laundering Act, 2002 (PMLA) and the Rules impose obligation on reporting entities (RE's) including Non-Banking Financial Companies (NBFC's) to verify identity of clients, maintain records and furnish information to FIU-IND.
Updated : 1 year, 4 months ago IST
New Delhi [India], Feb 23 (ANI): As announced in its Monetary Policy Statement on February 7, India's central bank, Reserve Bank of India (RBI), on Friday launched the Ombudsman Scheme for Non-Banking Financial Companies (NBFCs).
Updated : 1 year, 6 months ago IST
New Delhi [India], Jan 7 (ANI): Amid increasing pressure on the banking system due to bad loans and NPAs, an ASSOCHAM-PwC joint study noted that in order to meet credit demand, non-banking financial companies (NBFCs) in India could explore investments in newer technology, particularly in the
Updated : 1 year, 9 months ago IST
New Delhi [India], Oct 13 (ANI-NewsVoir): Finally, after more than one year of uncertainty about peer-to-peer lending startups regulations. The Reserve Bank of India (RBI), in a gazette notification, stated that after confirming its necessity, peer-to-peer lending startups have been identifi
Updated : 1 year, 10 months ago IST
New Delhi [India], Sep 20 (ANI): With regards to the capital needs, the MSMEs sector in India is facing a gap of Rs. five trillion, as estimated by the industry. This has multiple reasons including, no bank accounts, collaterals misplaced, lack of financial literacy, dearth of infrastructure
Updated : 1 year, 12 months ago IST
New Delhi [India], July 18 (ANI): The Reserve Bank of India (RBI) on Tuesday cancelled the certificate of registration for the following eight non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.