Several NBFCs, which until now focused on secured lending categories such as infrastructure, real estate and vehicle loans, have also…
On Friday, RBI asked banks and NBFCs to increase their risk weight on unsecured personal loans to 125% from 100%…
The key areas of focus during the programme will be to support NBFCs manage compliances while raising funds from larger…
While the top layer will ideally remain empty, RBI can place NBFCs into this layer if there is a substantial…
Shares of SBFC Finance debuted on the bourses with a 44% premium, listing at Rs 82 versus the issue price…
The Navi Mumbai-based company is a subsidiary of Fino Paytech, which is backed by marquee investors such as Bharat Petroleum,…
Specialised education-focused NBFCs take a student-centric approach to evaluate student loan applications.
In recent times, NBFC interest in the MSME segment has also been fuelled by sustained demand from small enterprises for…
Subject to certain guidelines, the RBI has decided to permit arrangements between regulated entities and lending service providers or between…
Public sector major Bank of Baroda (BoB) is targeting disbursal of Rs 90,000 crore in digital advances in FY24, chief…
Credit and Finance for MSMEs: The NBFC accelerator programme will work on capacity building of at least 100 smaller NBFCs…
In an interview with Mithun Dasgupta, Prasad says the bank is looking at a minimum of 25% year-on-year growth in…
The Reserve Bank of India (RBI) has recently come out with detailed norms for the outsourcing of IT services by…
The key question for the finance minister in the upcoming Union Budget is how to position NBFCs in the financial…
Credit and finance for MSMEs: Unsecured loans, which make up for 8-10 per cent of assets under management (AUM) of…
Credit and finance for MSMEs: Fusion MicroFinance’s assets under management (AUM) grew 54.46 per cent YoY from Rs 5,209 crore…
Credit and finance for MSMEs: As on March 31, 2022, the NBFC-MFIs had witnessed improvement in profitability with a return…
Credit and finance for MSMEs: The YoY growth in NBFC-MFIs loan book had peaked at 66 per cent in FY18…