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Non-banking Financial Company News
Non-banking Financial Company
IDFC Bank, Capital First announce merger
Sat, Jan 13, 2018
IDFC Bank and non-banking financial company Capital First today said they have received approval from their respective boards for a merger. Under the deal, IDFC Bank will issue 139 shares for every 10 shares of Capital First.
Peer-to-peer lending: Everything you need to know about it as an investor
Tue, Sep 26, 2017
On September 18, through a gazette notification, RBI said that P2P lenders companies will be treated as Non-banking Financial Company (NBFC).
MAS Financial Services files Rs 550-crore IPO papers with Sebi
Mon, Mar 27, 2017
MAS Financial Services today filed draft papers with capital markets regulator Sebi to raise an estimated Rs 550 crore through initial public offering.
Demonetisation Impact: Finova Capital targets to disburse loan worth Rs 100 crore to MSMEs in 2017; plans to recruit 500 people in 2 years
Thu, Mar 16, 2017
Demonetisation has worked as a blessing in disguise for us as we collect 100% repayment through Automated Clearing House (ACH) mode and not through cash, Finova Capital managing director and chief executive officer, Mohit Sahney told Zeebiz.com.