हिंदी में पढ़ें
Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
non-banking financial companies (NBFCs) News
non-banking financial companies (NBFCs)
NBFCs must adopt new tech to attract PE funding: Study
Sun, Jan 07, 2018
In the wake of advanced digital policy initiatives and exponential increase in smartphone/internet access, NBFCs need to tweak their business models, it said
NBCC to set up NBFC to finance growing business
Thu, Oct 06, 2016
AKMittal, Chairman and Managing Director of NBCC said that among various initiatives under consideration, the company is keen to float a Non-Banking Finance Company (NBFC) to finance growing business.
Bharat Financial Inclusion's QIP got oversubscribed by multiple times
Tue, Sep 27, 2016
Ashish Damani, Chief Financial Officer of Bharat Financial Inclusion said,""The QIP will enable us to augment our member base from the present 5.7 million to 9.5 million over the next two years, and meet their credit requirements.”
HDFC to issue NCDs of Rs 1340 crore via private placement
Wed, Sep 21, 2016
Housing Development Finance Corp (HDFC) – major provider of finance to housing today, informed the company will be raising Rs 1340 crore from secured redeemable non-convertible debentures (NCDs).
Sarfaesi provisions can help resolve NPAs of NBFCs faster: Icra
Sun, Sep 18, 2016
Domestic rating agency Icra has said the decision to extend provisions of the Sarfaesi Act to loans given by non-banking finance companies will help bring down delinquencies and may result in cheaper funds for borrowers.
HDFC ERGO acquires 100% stake of L&T General Insurance
Fri, Sep 09, 2016
"The board of Directors of HDFC ERGO General Insurance - a non listed subsidiary of us had approved the acquisition of 100% equity shares in L&T General Insurance for an aggregate amount of Rs 551 crore, subject to reciept of requisite approvals." HDFC said in a statement.
Why are companies flocking to 'unsecured' commercial papers?
Mon, Aug 22, 2016
"CP market is expected to grow and will remain an attractive source of funding for better rated corporate in the current environment of ample adequate systemic liquidity, sound inflows into key investor segments and structural inability of banks to sharply reduce their lending rates."
Are NBFCs the new FII favourite?
Tue, Aug 16, 2016
Non-banking financial companies took the majority of FII money in Q1FY17, with holdings in Housing Development Finance Corp reaching 76.86%, followed by Bharat Financial Inclusion at 63%, Indiabulls Housing Finance at 58.65% and Shriram Transport Finance at 50.1%.
Reliance Capital net profit misses estimates
Sat, Aug 13, 2016
It's life insurance segment has supported in boosting the top-line, as Reliance Nippon Life Insurance company became a subsidiary of the company, which was effective from start of the current financial year.
Registration for new NBFCs now hassle free: RBI
Fri, Jun 17, 2016
The Reserve Bank today simplified the process of registration of new NBFCs by reducing the application form and the checklist of documents from the existing set of 45 documents to about eight.
8 things you should know about RBI's Universal Banks' licence
Thu, May 05, 2016
The apex bank has sought views/comments on the draft guidelines from banks, non-banking financial institutions, industrial houses, other institutions and the public at large.