MCA clears appointment of Hitesh Kumar Sethia as Jio Financial MD for 3 yrs
2 min read Last Updated : Apr 29 2024 | 11:30 PM IST Jio Financial Services on Monday said
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Tag: NBFC
IIFL Samasta Finance adds three distinguished members to its Board
IIFL Samasta Finance, a non-banking microfinance company (NBFC-MFI), has appointed three members including former NABARD Chairman, Govinda Rajulu Chintala to its
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After stake sale reports, HDFC Bank says exploring all options for HDB Financial listing
Following reports of Japan-based MUFG picking up 20 per cent stake in HDB Financial Services, HDFC Bank without confirming plans
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Delink bank loans from on-lending to group cos: RBI tells Tata Sons
After months of negotiations with the Reserve Bank of India, Tata Sons is said to have worked out a solution
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RBI asks lenders to provide ‘key fact statement’ to borrowers
The Reserve Bank of India has asked lenders to provide ‘key fact statement’ (KFS) to the borrowers of all new
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NBFC co-lending AUM nearing ₹1-lakh crore, to grow 35-40% in medium term
Assets under management of NBFCs under the co-lending model are nearing the ₹1-lakh crore mark, five years since the model
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In Q4, private banks post robust credit growth; deposits, too, pick up pace
Credit growth for most banks remained robust in the last quarter of FY24, maintaining a steady growth rate of 15-25
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Securitisation volumes for FY24 grows 4% to ₹1.88-lakh crore: ICRA
The overall securitisation volumes for FY24 grew 4 per cent year-on-year (y-o-y) to ₹1.88-lakh crore despite the exit of the
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Poonawalla Fincorp’s AUM surges 54% in Q4FY24, hits Rs 24,800 crore
Abhay Bhutada, MD, Poonawalla Fincorp (Photo: bhaybhutada.com) Poonawalla Fincorp’s assets under management (AUM) soared by 54 per cent in the
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NBFC loan sanctions up 6% in Q3, led by consumption loans, urban growth slows
Loan sanctions by non-bank companies grew 6 per cent on year to ₹4.3-lakh crore as of December 2023, primarily driven
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