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Non banking finance companies News
Non banking finance companies
Capital First merges with IDFC Bank to create IDFC First Bank
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.
No need for RBI to help NBFCs as lender of last resort: Viral Acharya
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.
Kirloskar group gets RBI nod for NBFC biz; to invest Rs1,000cr
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.
'Trust deficit', disruptions in markets due to defaults by NBFCs; may put strain on weak firms: S&P
Thu, Nov 01, 2018
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.
This big factor drives India to gold in Dussehra
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.
NBFC P2P lending needs to demonstrate viability to sustain business model
Thu, Nov 16, 2017
The Peer to Peer lending lending involves matching of borrowers and investors via an online platform managed by P2P operator
LIC's equity market investments slowdown
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.”