
NBFCs also secured funds from foreign sources, mainly through external commercial borrowings (ECBs) and issuance of debentures.
At present, RBI does not see any middle ground for NBFC investors acting as observers.
Apart from Kotak Mahindra Bank, banks and global financial institutions such as DBS Bank, First Abu Dhabi Bank, HSBC, International…
In July, one of the industry’s self-regulatory organisations introduced guardrails for responsible lending to strengthen lending practices and address concerns…
The company said it will deploy fresh capital for on-lending to microfinance borrowers, focusing on rural women and underserved populations.
IFC said it will help FLexiLoans strengthen its loan operation and risk management practices as its business continues to scale.
Housing finance companies (HFCs), focusing on the affordable segment, are expected to grow at a faster compound annual growth rate…
Muthoot FinCorp ONE, a strategic business unit and the digital platform of Muthoot FinCorp Ltd (MFL) will offer loans with…
Euro 25 million (around Rs 223 crore) was raised from the German Investment Corporation DEG and Rs 170 crore from…
With industries like automotive and electronics becoming more deeply established in India, there’s a growing need for upstream vendor finance,…
Muthoot Fincorp currently operates over 3,700 branches, primarily in southern and central India. The company is looking to expand its…
The total income from operations for the half year increased to Rs 202 crore compared to Rs 194 crore for…
Based in Gujarat International Finance Tec-City (GIFT City), the company said the new fund will focus on growth-stage companies in…
On a consolidated basis, Sundaram Finance net profit grew 24% to Rs 406 crore during Q2FY25 while revenue from operations…
A study by India Ratings has found that that delinquency levels are rising for NBFCs operating through the brick-and-mortar model…
As of September, Five-Star Business Finance’s total assets reached Rs 10,927 crore, reflecting a 32% year-on-year increase.
Banks may not reduce deposit rates immediately following a repo rate cut, as they will aim to bolster retail and…
Although net interest margins (NIMs) are expected to improve by 12 bps QoQ, funding cost pressures are likely to affect…