Wed, Aug 16, 2023
In a release, Moneyboxx said improving operating efficiency with growing Assets Under Management (AUM) and healthy net interest margins underpin the improvement in profitability.
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Thu, Oct 13, 2022
Customers can earn interest up to 8.8 per cent on Fixed Deposits (FDs), effective from October 14, it said in a release.
Tue, Dec 18, 2018
New generation private sector IDFC Bank and non-banking financial company Capital First announced completion of their merger Tuesday, creating a combined loan asset book of Rs 1.03 lakh crore for the merged entity IDFC First Bank.
Thu, Dec 06, 2018
Measures over the last two months have eased liquidity for NBFCs and there is no necessity for the RBI to extend help.
Thu, Nov 01, 2018
The Kirloskar group Thursday said that it has received licence from the Reserve Bank to launch a non-banking finance company (NBFC), Kirloskar Capital, which will be headed by industry veteran Vimal Bhandari.
India’s financial markets are facing a ‘trust deficit’ and disruptions due to defaults by a major non-banking finance company which could put a strain on weaker firms, S&P Global Ratings said on Wednesday.
Fri, Oct 19, 2018
Slide in the rupee and the current volatility in the economy has not dampened the purchase of gold on Dussehra, market sources say.
Thu, Nov 16, 2017
The Peer to Peer lending lending involves matching of borrowers and investors via an online platform managed by P2P operator
Tue, Feb 28, 2017
VK Sharma, Chairman of LIC, said, “This year in equity investments we are subdued and this was a deliberate decision as markets have gone up very high. We are a contrarian player in the market and our primary goal is to invest for long term and not play trader in the market.”
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