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Bolster governance and assurance functions: RBI to NBFCs

Posted on May 15, 2024 by filesadmin

Non-banking financial companies (NBFCs) should bolster governance and assurance functions and maintain constant vigil against potential risks and vulnerabilities, according

Sale of housing finance unit to help Shriram Finance augment growth capital: S&P Global

Posted on May 15, 2024 by filesadmin

Divestment of Shriram Finance’s entire stake in its housing finance subsidiary is capital accretive for the NBFC and will increase

IIFL Finance fallout: RBI to relook at gold loan norms

Posted on May 14, 2024 by filesadmin

In the wake of the ongoing audit at IIFL Finance’s gold loan business, the central bank is said to be

Piramal Group’s fund management arm invests Rs 600 cr in Annapurna Finance

Posted on May 13, 2024 by filesadmin

Illustration: Ajay Mohanty 2 min read Last Updated : May 13 2024 | 6:21 PM IST Piramal Alternatives, the

Gold loan NBFCs see no impact from cash disbursal cap, analysts expect opex rise

Posted on May 9, 2024 by filesadmin

MUMBAI Gold loan NBFCs said that the impact from the RBI directive to NBFCs to cap cash loan disbursements at

Piramal Enterprises to merge with unlisted housing finance arm for listing

Posted on May 9, 2024 by filesadmin

Piramal Enterprise (Source/Wikipedia) 3 min read Last Updated : May 09 2024 | 11:22 AM IST The board of directors

SMFG invests Rs 1,300 crore in its Indian unit to fuel NBFC growth

Posted on May 7, 2024 by filesadmin

Sumitomo Mitsui Financial Group India Credit | Photo: SMFG India credit website 2 min read Last Updated : May 07

Incremental credit flow in the Indian economy from domestic sources to moderate in FY25 to ₹24.5 lakh crore: ICRA

Posted on May 7, 2024 by filesadmin

ICRA has forecast incremental credit flow in the Indian economy from domestic sources to moderate in FY2025 even as domestic

M&M Finance Q4FY24 results: Net profit declines 10% to Rs 619 crore

Posted on May 5, 2024 by filesadmin

2 min read Last Updated : May 05 2024 | 5:28 PM IST Non-banking financial company (NBFC) Mahindra & Mahindra

RBI lifts curb on Bajaj Finance’s lending products ‘eCOM’, ‘Insta EMI Card’

Posted on May 2, 2024 by filesadmin

2 min read Last Updated : May 02 2024 | 10:00 PM IST The Reserve Bank of India (RBI)

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