
Remote surveillance at dark stores and cash reconciliation solutions at retail outlets to expand beyond BFSI.
The company currently has 10,000 employees and is likely to hire 1,000 more for the new facility in Buxar.
Shares of non-banking finance companies (NBFCs) rose sharply on Thursday after the Reserve Bank of India (RBI) eased banks’ lending…
The PAR means days past due that shows the proportion of outstanding loans that are considered significantly delinquent and potentially…
RBI plan to waive foreclosure charges will help MSMEs, but NBFCs may find the going tough.
Currently, retail borrowers face a penalty of 4-5% on the outstanding principal for prepaying personal loans, while MSMEs are required…
NBFCs have increasingly turned to the domestic capital market, raising funds through bonds, as well as the overseas market, tapping…
The non-banking financial company (NBFC) offers collateral-backed loans to small business owners and self-employed individuals.
The governor asked the NBFCs to further their contribution towards financial inclusion, urged them to become part of unified lending…
The unsecured loans and microfinance segments, accounting for about 23% of the overall AUM of the industry, are expected to…
The company said it will deploy capital towards diversifying its operations beyond traditional domestic bank and NBFC lending models, focusing…
Industry reports highlight that 1.3 million Indian students travelled abroad for higher education in 2024, a significant rise compared to…
The upcoming budget to be presented by Finance Minister Nirmala Sitharaman on February 1 holds significance for NBFCs as the…
The agency expects loan growth to be in the range of 13-13.5% and deposit growth to be between 12-13% in…
The securitisation volumes of standard assets for Q3FY25 is expected to reach approximately Rs 68,000 crore, largely in line with…
The council also called for doing away with the need for NBFCs to register as NBFC-Factor to undertake factoring services…
Sitharaman on Thursday chaired the seventh pre-budget consultation with stakeholders from the financial sector and capital markets.
NBFCs also secured funds from foreign sources, mainly through external commercial borrowings (ECBs) and issuance of debentures.