Updated : 3 months, 1 week ago IST
New Delhi [India], Nov 9 (ANI): The Reserve Bank of India (RBI) on Friday cancelled the certificate of registrations of 31 Non-Banking Financial Companies (NBFCs).
Updated : 3 months, 2 weeks ago IST
New Delhi [India], Nov 5 (ANI): Ministry of Corporate Affairs (MCA) secretary Injeti Srinivas on Monday said that the government is exploring multiple options for resolution of the Infrastructure Leasing and Financial Services (IL&FS) crisis.
Updated : 8 months, 1 week ago IST
New Delhi [India], June 11 (ANI): AYE Finance, a non-banking financial company has announced receiving Rs. 147 crores (USD 21.5 million) in Series C round by CapitalG (formerly Google Capital), and existing investors SAIF Partners and LGT.
Updated : 11 months, 1 week ago IST
Kochi (Kerala) [India], Mar 15 (ANI): Muthoot Finance Ltd., the flagship company of Muthoot Group on Thursday tied up with Global IME Bank to expand its money remittance services between Indo Nepal Corridor.
Updated : 1 year ago IST
New Delhi [India], Feb. 17 (ANI): Among all the personal loans the medical loan is the most crucial one which is often required on an urgent basis by the applicants.
Updated : 1 year, 3 months ago IST
New Delhi [India], Oct. 23 (ANI): India's fastest growing and award-winning Non-Banking Financial Company (NBFC) TAB Capital has announced appointment of three key leadership positions.
Updated : 1 year, 4 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
New Delhi [India], Oct. 8 (ANI): "When it comes to deploying their resources for long-term debt products, the mutual funds bet the most on the government securities or the sovereign," according to an ASSOCHAM analysis.
New Delhi [India], Oct. 7 (ANI): Lending procedures have been perceived to be a deity task. From documentation, signatures, and trips to banks, to waiting for the application approval; it all seems like an unending process.
New Delhi [India], Sep 27 (ANI): Non-banking finance Companies (NBFCs - excluding NBFC-MFIs) are likely to witness an increase in the 90+day delinquencies, by about 20-50 bps, from the levels of about 4.9 percent as on June 30, 2017.