nbfc


LIC Housing Finance Q4 Result: PAT Up 5% To Rs 1,180 Cr, Dividend Declared

Banking - Published date: .

LIC Housing Finance reported a jump of 5.5% in its consolidated net profit, which came in at Rs 1,180.3 crore, as agains... Read more

Poonawalla Fincorp To Keep Headcount At 3,000 For 5 Yrs To Build AUM

Banking - Published date: .

Eyes Rs 50,000 crore AUM by FY27, up from Rs 16,000 cr currently Read more

Piramal Enterprises Loss Widens To Rs 196 Cr On Dip In Shriram Investment

Banking - Published date: .

Non-bank lender Piramal Enterprises on Friday reported a widening of loss to Rs 196 crore from the year-ago period's Rs ... Read more

BharatPe Acquires Majority Stake In Mumbai-based NBFC Trillion Loans

Banking - Published date: .

Company that provides loans to small businesses will operate as independent entity Read more

Tata Capital In Talks With Lenders To Raise Rs 10,000 Crore Via Debt

Banking - Published date: .

Tata Capital is getting aggressive in the retail loans segment and the majority of funds raised this quarter will be for... Read more

Lenders Of Reliance Capital To Meet On Monday To Consider Bidders' Concerns

Banking - Published date: .

Ahead of the second round of auction scheduled on April 26, lenders of debt-ridden Reliance Capital (RCap) will meet on ... Read more

Mahindra Finance To Raise Upto Rs 8,000 Crore Through Debentures In FY24

Banking - Published date: .

The company continued to maintain a comfortable liquidity chest of about three months' requirement, according to the NBF... Read more

NBFC Firm REC Raises $750 Million Through Issuance Of Green Bonds

Banking - Published date: .

State-owned non-banking finance firm REC Ltd on Saturday said it has raised USD 750 million (about Rs 6,138 crore) throu... Read more

State-owned NBFC Firm REC Raises $750 Mn Through Issuance Of Green Bonds

Banking - Published date: .

State-owned non-banking finance firm REC Ltd has raised USD 750 million through issuance of green bonds. The expected s... Read more

Srei Promoters Dispute Insolvency Proceedings; Next Hearing On March 31

Banking - Published date: .

Government had suspended fresh insolvency proceedings through an ordinance in June 2020 Read more

Fintech Lender, Ftcash Plans To Introduce New Supply Chain Finance Product

World - Published date: .

Ftcash uses a proprietary algorithm to analyse creditworthiness and offer underserved MSMEs, including retailers, pharma... Read more

Top Headlines: Apple Creates New Jobs, India's Derivate Bond Trade At Risk

Banking - Published date: .

Business Standard brings you the top headlines at this hour Read more

Dynasty Acquisition Pares 2.14% Stake In Shriram Finance For Rs 1,040 Cr

Banking - Published date: .

The shares were sold at an average price of Rs 1,300 per piece, taking the transaction value to Rs 1,039.59 crore Read more

Shriram Transport To Raise Rs 5k Cr In Second Half Of FY23 To Fund Growth

Banking - Published date: .

Most of the fund-raising is likely to be via non-convertible debentures with a maturity of three years, Umesh Revankar, ... Read more

Facilitated Rs 3,600 Cr Loans In Q1FY23, Up 112% QoQ, Says BharatPe

Banking - Published date: .

Helped disbursals to over 120,000 merchants in Q1FY23, up from 66,000 merchants in Q4FY22 Read more

U GRO's Public Issue Of Bonds Opens On Thursday To Raise Up To Rs 100 Cr

Banking - Published date: .

U GRO Capital, a non banking financial company focused on small and medium enterprises, on Tuesday announced opening of ... Read more

Infy Tops List Of Firms With Strongest ESG Scores, Followed By M&M, Tech M

Banking - Published date: .

Overall, India's rank is 120 on the world Sustainable Development Goals (SDG) index with Finland topping the tables Read more

Muthoot Finance Chairman Mathai George Muthoot Passes Away At 71

Banking - Published date: .

MG George Muthoot, the chairman of Muthoot Finance which is the largest gold loan NBFC in the country, passed away this ... Read more

Hong Kong-based PAG Picks 51% Stake In Edelweiss Wealth For Rs 2,200 Cr

Banking - Published date: .

PAG has been an active investor in the Asian region and most of its deals involve taking control as is the case with the... Read more