Tag: lending

What prompted RBI’s warning against errant gold lending practises?

Posted on November 29, 2024 by filesadmin

The Reserve Bank of India’s (RBI) stern warning of action against lenders who follow irregular gold loan practises was prompted

HDFC Bank to grow its advances a little slower than deposits

Posted on July 18, 2024 by filesadmin

HDFC Bank will grow its advances a little slower than the deposit growth in a bid to bring down the

Educational lending platform Propelld raises $25 million for NBFC arm Edgro

Posted on May 20, 2024 by filesadmin

Propelld, a fintech start-up that offers educational funding, has raised $25 million for its wholly-owned non-banking financial company (NBFC) subsidiary

Muthoot Finance prices $650-m fixed rate notes at 7.125%

Posted on May 8, 2024 by filesadmin

Muthoot Finance Ltd plans to raise $650 million via fixed rate notes (FRNs) due in 2027-28 at a coupon of

Aditya Birla Capital aims to double customers with new digital platform

Posted on April 16, 2024 by filesadmin

A person can choose from 22 products and services across all the offerings of Aditya Birla Capital | File image

In Q4, private banks post robust credit growth; deposits, too, pick up pace

Posted on April 4, 2024 by filesadmin

Credit growth for most banks remained robust in the last quarter of FY24, maintaining a steady growth rate of 15-25

Aditya Birla Capital announces merger with Aditya Birla Finance

Posted on March 19, 2024 by filesadmin

Aditya Birla Capital on Monday announced the merger of its wholly-owned subsidiary Aditya Birla Finance (ABF) with itself as the

RBI Governor warns banks and NBFCs about the risks of algorithm-based lending

Posted on January 11, 2024 by filesadmin

Reserve Bank of India (RBI) Governor Shaktikanta Das cautioned banks and non-banking finance companies (NBFCs) on Thursday about the pitfalls of

Multiple banks lending to the same NBFCs dilute post-sanction monitoring

Posted on December 31, 2023 by filesadmin

Speaking on the issue of increasing interconectedness between banks and NBFCs, RBI Deputy Governor Swaminathan J said on Thursday that

MSME lender U Gro Capital raises ₹250 crore from Dutch development bank

Posted on December 19, 2023 by filesadmin

DataTech NBFC U GRO Capital has raised ₹250 crore from the Dutch Entrepreneurial Development Bank FMO through rupee-denominated non-convertible debentures (NCDs). Aleksandra Gazy,

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