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RBI removes lending restrictions on Navi Finserv

Posted on December 2, 2024 by filesadmin

The Reserve Bank of India (RBI) removed the lending restrictions imposed on NBFC Navi Finserv on Monday, according to a

Banks’ loans against gold jewellery shoot up 56% as focus shifts to secured loans

Posted on December 1, 2024 by filesadmin

Banks’ loans against gold jewellery rose 56 per cent year-on-year (y-o-y) to ₹1.54 lakh crore as on October 18, sharply

Banks’ loans against gold jewellery shoots up 56% as focus shifts to secured loans

Posted on December 1, 2024 by filesadmin

Banks’ loans against gold jewellery rose 56 per cent year-on-year (y-o-y) to ₹1.54 lakh crore as on October 18, sharply

Non-food credit growth slows down in October 2024

Posted on November 30, 2024 by filesadmin

The economy seems to be witnessing a slowdown in credit demand, going by RBI’s data on Banks’ non-food credit growth

Private sector banks evincing keen interest in selling loans exhibiting signs of incipient stress

Posted on November 24, 2024 by filesadmin

Private sector banks (PvSBs) are evincing keen interest in selling loans exhibiting signs of incipient stress (also known as special

Received approval to raise $1 billion via ECBs, says Muthoot Finance MD

Posted on November 23, 2024 by filesadmin

Gold loan major Muthoot Finance has received the Reserve Bank of India’s (RBI) approval to raise $1 billion through external

Banks cautious on signing co-lending pacts on tech integration, underwriting concerns

Posted on November 17, 2024 by filesadmin

Banks, especially private sector ones, are becoming increasingly cautious in signing multiple co-lending partnerships with non-banking finance companies (NBFCs) and

Large MFIs see sharp rise in NPAs, lower profit in Q2

Posted on November 7, 2024 by filesadmin

Large sized micro finance institutions (MFIs) have seen a sharp decline in profitability during Q2FY25 due to higher stress, leading

Navi Finserv withdraws bond sale after RBI action, traders say

Posted on November 4, 2024 by filesadmin

Sachin Bansal, Chairman and CEO, Navi Finserv Ltd | Photo Credit: G R N OSMASHEKAR Navi Finserv has withdrawn a

Choice Finserv to acquire 2 Jaipur-based lenders under a slump sale transaction

Posted on November 2, 2024 by filesadmin

Choice Finserv Pvt Ltd, the NBFC arm of Choice International Ltd, has announced the acquisition of the retail lending business

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