Tag: NBFC

Reduce on-lending to smaller peers: RBI tells NBFCs

Posted on January 14, 2024 by filesadmin

In a bid to further streamline the unsecured loans market, the Reserve Bank of India has asked some of the

Bengaluru-based NBFC Varthana raises $14 million

Posted on January 14, 2024 by filesadmin

Bengaluru-based non-banking finance company (NBFC) Varthana has raised $14 million in follow-on investment from the Blue Earth Capital platform, BlueEarth.

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

FIDC to prepare model code of conduct for NBFCs

Posted on January 11, 2024 by filesadmin

The Finance Industry Development Council (FIDC) said it will continue its endeavour to act as an industry watchdog to prevent,

5 NBFCs line up NCD issuances aggregating ₹2,750 crore

Posted on January 9, 2024 by filesadmin

A host of non-banking finance companies (NBFCs) have lined up their non-convertible debenture (NCD) issuances in the run up to

Bajaj Finance’s AUM surges 35% Y-o-Y to ₹3.11 lakh crore in December quarter

Posted on January 4, 2024 by filesadmin

Bajaj Finance Ltd, a leading non-banking finance company, reported a 35 per cent increase in assets under management (AUM) to

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

Central Bank of India partners with Kisetsu Saison Finance, shares rise

Posted on December 28, 2023 by filesadmin

The Central Bank of India Ltd’s shares rose 3.26 per cent after the company established a Co-Lending Partnership with Kisetsu

Ananya Birla’s Svatantra Microfin to rope in a PE investor soon

Posted on December 18, 2023 by filesadmin

Months after closing in on the most significant acquisition in the microfinance space, highly placed sources say Ananya Birla-promoted Svatantra

RBI directive impact: Paytm recalibrates loan distribution Filesadmin.co strategy

Posted on December 6, 2023 by filesadmin

One97 Communications Limited (OCL), which owns Paytm, on Wednesday, said that it is consciously pruning its loan disbursals below ₹50,000.

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