U GRO CAPITAL LAUNCHES GRO X APP, ‘CREDIT LINE ON UPI’ FOR SMALL BUSINESSES
Key Highlights: • Collateral free instant credit lines to small merchants.• GRO X allows MSMEs to not only avail credit ...
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Tag: nbfc
DMI Finance announces the closure of a USD 400 Million equity investment round led by Mitsubishi UFJ Financial Group, Inc.
DMI Finance Private Limited (“DMI Finance”) today announced the closure of a USD 400 million equity investment round led by ...
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Loans rise across industry, agriculture, retail and services sectors
Bank credit rose across all - Industry, agriculture, retail and services sectors this fiscal despite rise in rates. On a ...
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Axis Bank and Shriram Housing Finance Announce Partnership Under the Co-Lending Model through Yubi
Axis Bank, India’s third largest private sector bank and Shriram Housing Finance Limited (SHFL), a leading Affordable Housing Finance Company, ...
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SUCCESSFUL CONCLUSION OF 14TH NBFC & FINTECH CONCLAVE & AWARDS 2023 WHERE CHIEF GUEST RAMESH IYER DELIVERED INAUGURAL ADDRESS
B2B Infomedia: NBFCs are going through lots of churning these days to remain buoyant in the ongoing economic turmoil. As ...
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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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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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