IL&FS probe: PMLA court grants bail to ABG Shipyard chairman Rishi Aggarwal, wife
A special prevention of money laundering act (PMLA) court on Thursday granted bail to ABG Shipyard chairman, Rishi Agarwal and ...
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Tag: nbfc
NBFCs appeal for rollback of tax provisions on MLD returns
Non-bank lenders are seeking a rollback of the budget announcement that has classified returns on market-linked debentures (MLD) as short-term ...
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RBI cancels registration of two entities for regulatory lapses
The Reserve Bank of India on Monday said it has cancelled the registration of two non-banking finance companies (NBFCs) - ...
Read moreRate hikes will not impact NBFCs’ collections, says Icra Ratings
A day after the Reserve Bank delivered another rate hike, a domestic ratings agency on Thursday said the increases will ...
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Tata Sons looks to shed its ‘Upper Layer NBFC’ tag
Tata Sons has been exploring the possibility of being exempted from a Reserve Bank of India (RBI) notification, issued in ...
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Gold loan NBFCs seek ‘priority’ sector status
Gold loan non-banking finance companies (NBFCs) have sought 'priority' sector status for eligible gold loans, including microloans, loans to farmers ...
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At Rs 8,640 crore, Torrent highest bidder for Reliance Capital
Torrent Investments is the highest bidder for Anil Ambani-owned Reliance Capital, having offered Rs 8,640 crore for the debt-laden financier ...
Read moreNBFCs seen growing at 10-12 per cent this fiscal and next
Non-bank financing companies are finally shedding the Covid-era stress and could see a 40 basis point improvement in bad loan ...
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India’s Largest Retail Finance NBFC is Here – Shriram Finance Limited. Shriram Transport Finance and Shriram City Union Finance are now Shriram Finance
Shriram Transport Finance Company, the largest financier of commercial vehicles, and Shriram City Union Finance, the largest two-wheeler financer and ...
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NBFCs’ asset base scales past Rs 54 lakh crore: MoS Finance
The asset base of non-banking financial companies has scaled past Rs 54 lakh crore as of March 2022, constituting almost ...
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