
Last week, the RBI asked banks, NBFCs and other lenders not to invest in any scheme of AIFs which has…
CD issuances have crossed 50,000 mark for the first time in the current calendar year.
In recent months, various banks and non-banking financial companies (NBFC) have asked fintech partners to curtail issuing small-ticket personal loan…
The RBI’s draft framework said that the SRO should be professionally managed and have suitable provision in their Articles of…
Over the past five years, U GRO Capital said it has provided credit to more than 80,000 small businesses.
Jefferies found that the overall outlook for credit growth remains robust, despite a notable pullback in the unsecured personal loan…
On the back of recent macro development and regulatory guidance, in consultation with lending partners, in line with its continued…
The AUM includes an owned portfolio of Rupees 1.1 trillion, and a managed portfolio of Rupees 24,501 crore.
“The growth will be driven by a confluence of factors. While large capital expenditure (capex) in the infrastructure and corporate…
The company said Nirmaan now has over 13 partners offering different value-added services (VAS) for MSMEs to increase their potential…
CRISIL Ratings said that Assets under Management (AUM) of non-banking financial companies (NBFCs) are set to log a healthy 14-17…
The idea is to ensure that banks have the ability to withstand asset value reduction (on account of loans turning…
Fluctuations in the repo rate have far-reaching implications, altering the cost of credit and borrowing across the economy. Here’s how.
FIDC announced the appointment of Shachindra Nath, Founder, Vice Chairman and Managing Director of U GRO Capital Ltd, as the…
Finance Industry Development Council (FIDC), a representative body of NBFCs in India, said the cost of funds to these critical…
Assets under management (AUM) of NBFCs are set to record a healthy 14-17 per cent growth next fiscal. However, the…
In its recent directive, RBI asked NBFC to increase risk weight on unsecured retail loans to 125% from 100% earlier.
RBL Bank, Satin Creditcare and Aditya Birla Capital were the major losers, plunging 7.7%, 6.2%, and 5.7%, respectively.