
Announcing its Q2 results on Monday, the company reported its gross NPAs (non-performing assets) at 2.68 per cent amounting to…
Banks are laser-focused on reducing their Non-Performing Assets (NPA), which means they’re inclined to invest in safer, higher-rated products. This…
The loan disbursed to MSMEs and small businesses also increased by 40 per cent, reaching Rs 674 crore in the…
IndusInd Bank’s personal loan book surged 63%, followed by ICICI Bank at 40%, Kotak Mahindra Bank at 35% and Axis…
Fintech players have made banking services digitally accessible to unbanked and underserved communities. Unlike traditional lenders, they are increasingly using…
With the demerger of Jio Financial Services from itself, Reliance Industries joined the list of large corporates that intend to…
Recognizing women’s potential as catalysts for societal improvement, NBFCs have adapted their services to meet their specific financial requirements.
On Monday, Jio Financial Services will kick-start the July-September result season of non-bank lenders.
The central bank will shortly issue instructions on the credit concentration norms.
The rating agency’s view comes when non-bank lenders are increasingly partnering with fintechs to disburse unsecured loans.
In its latest bulletin, RBI highlighted that the bank loans comprised nearly 46% of the borrowings of upper layer NBFCs.…
In the heartlands of India, where innovation often meets necessity, Navadhan Capital is connecting small rural businesses with financial resources.
The month also saw lower borrowings from international markets due to the prevailing elevated global interest rates following tightening of…
Crediting the rapid urbanization in the country, backed by economic activities in Tier 2 and Tier 3 cities, the report…
The pre-requisite to start credit card operations is a minimum net owned fund of Rs 100 crore.
Bajaj Auto Consumer Finance is the second non-banking financial company in the Bajaj group.
ICRA said that while NBFC-MFIs witnessed a robust expansion of 38 per cent in their assets under management (AUM) in…
In the FY24 Budget, the government removed the exemption from the 10% TDS on listed NCDs by omitting clause nine…