Aavas Financiers, Biocon, Escorts, Indiabulls Real Estate, Escorts, Manappuram Finance, Mahindra Lifespace and Tata Consumer Products are among 18 companies that are slated to announce their March quarter earnings today.
Micro Finance Institutions saw their aggregate gross loan portfolio grow by 85 per cent to Rs 53,233 crore in the fourth quarter of 2015-16 on year-on-year basis, an industry study said today.
On an average, NBFC stocks have given a return of 3 per cent during April 1 and May 5. On the other hand, benchmark index BSE Sensex slid marginally 0.03 per cent during the same period.
The retail business of domestic non-banking finance companies, or NBFCs, grew during the second quarter of the current financial year thanks to continuing demand for credit in the microfinance segment...
The Budget proposal to include non- banking finance companies (NBFCs) under the Sarfaesi Act is credit positive for lenders of loans against property, a leading rating agency said.