Page 6 of NBFCs

Fino Payments looking to upgrade to small finance bank

The Navi Mumbai-based company is a subsidiary of Fino Paytech, which is backed by marquee investors such as Bharat Petroleum,…

Updated: July 20, 2023 15:11 IST

student loans, international programs, benefits, cost of education, applications

New-age NBFCs offer student loans for various international programs, partnering with foreign institutions

Specialised education-focused NBFCs take a student-centric approach to evaluate student loan applications.

Updated: July 10, 2023 15:35 IST

NBFCs expand MSME portfolios

In recent times, NBFC interest in the MSME segment has also been fuelled by sustained demand from small enterprises for…

Updated: June 22, 2023 07:41 IST

RBI permits FLDG between fintechs & banks, NBFCs

Subject to certain guidelines, the RBI has decided to permit arrangements between regulated entities and lending service providers or between…

Updated: June 9, 2023 08:54 IST

‘The target is to disburse Rs 90K-cr digital loans in current fiscal’

Public sector major Bank of Baroda (BoB) is targeting disbursal of Rs 90,000 crore in digital advances in FY24, chief…

Updated: June 8, 2023 09:24 IST

GAME and SIDBI launch “NBFC Growth Accelerator Program” to ease funding woes of MSMEs

Credit and Finance for MSMEs: The NBFC accelerator programme will work on capacity building of at least 100 smaller NBFCs…

June 7, 2023 18:49 IST

‘Aim to reduce GNPA ratio to 3% by fiscal-end’

In an interview with Mithun Dasgupta, Prasad says the bank is looking at a minimum of 25% year-on-year growth in…

Updated: May 4, 2023 07:52 IST

RBI’s norms on outsourcing IT services aimed at improving corporate governance, say experts

The Reserve Bank of India (RBI) has recently come out with detailed norms for the outsourcing of IT services by…

Updated: April 16, 2023 15:12 IST

Budget Expectation: Liquidity support system for NBFCs to Parity in Income Tax treatment on NPA provisions

The key question for the finance minister in the upcoming Union Budget is how to position NBFCs in the financial…

Updated: January 16, 2023 13:29 IST

Large NBFCs to diversify into SME, used-vehicle loans in FY24, says Crisil; here’s why

Credit and finance for MSMEs: Unsecured loans, which make up for 8-10 per cent of assets under management (AUM) of…

November 30, 2022 12:42 IST

NBFC-MFI Fusion MicroFinance posts 30X jump in Q2 PAT; AUM grows 54%

Credit and finance for MSMEs: Fusion MicroFinance’s assets under management (AUM) grew 54.46 per cent YoY from Rs 5,209 crore…

November 29, 2022 13:29 IST

NBFC-MFIs’ profitability likely to remain lower than pre-Covid level in FY23: CareEdge Ratings

Credit and finance for MSMEs: As on March 31, 2022, the NBFC-MFIs had witnessed improvement in profitability with a return…

November 10, 2022 17:44 IST

NBFC-MFI loan book likely to grow 30% in FY23 with resurgence in demand for micro loans: Report

Credit and finance for MSMEs: The YoY growth in NBFC-MFIs loan book had peaked at 66 per cent in FY18…

October 19, 2022 19:57 IST

banking, banking sector, traditional banks, digital banks, digital technologies, internet banking

How does a bank of the future look like?

Advancement in digital technologies and advent of internet banking have pushed the traditional banks in a tight spot.

October 12, 2022 18:33 IST

Aggressive monetary tightening by RBI continues: Can NBFCs stay resilient?

As stated by the RBI governor, there is ‘nervousness in the financial market, the global economy eye of the new…

October 4, 2022 10:04 IST

How to Plan Your Finances with FD Calculator

A fixed deposit calculator is a great tool to help you plan how to grow your savings with FD. Know…

September 28, 2022 16:53 IST

"There is a rise in loan disbursement using the digital channel," Sheth said.

Govt for banks to collaborate with NBFCs and fintech companies, says official

He also said that there is also a push towards the digital route, adding that new-age banking using technology has…

September 23, 2022 17:17 IST

NBFCs turn around, likely to expand AUMs by 11-12% by FY23: Report

The sector saw a slowdown between FY20 and FY22 with their AUM growing at a modest 2-4%, rating agency Crisil…

September 13, 2022 07:36 IST

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Modi assured India will stop buying Russian oil: Trump

World News7 hr ago

India and the US are discussing strengthening their energy relationship, but the Ministry of External Affairs did not confirm or deny Trump’s statement about India stopping Russian oil imports. Russia is now India’s main oil supplier due to discounts after their invasion of Ukraine. India aims to double energy purchases and diversify sourcing, despite Trump’s tariffs.

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