Search Results for: NBFC

Muthoot Finance to close 300 branches; A blot on Kerala's investor-friendly image?

The Rs 36,000 crore-Muthoot Finance, India's largest gold financing company in terms of the loan portfolio, would close down around 300 branches permanently in a phased manner if there is no other option.

Sep 4, 2019

Shapoorji Pallonji to sell assets to clear off Rs 4000 Cr debt

The 154-year old group witnessed a massive downgrade of its flagship firm Shapoorji Pallonji & Co. due to the slowdown in the core sector.

Aug 24, 2019

Mahendra Singh Dhoni becomes brand ambassador of CARS24

The 4-year-old company's CEO feels that MSD's association with them will increase their brand's trust value.

Aug 13, 2019

India Inc wants Rs 1 lakh crore stimulus package

Industry top officials said the government has assured them to take steps soon to boost the economic growth.

Aug 9, 2019

RBI monetary policy: Investors awaiting outlook beyond another repo rate cut

With a fourth 25 basis points repo rate cut a foregone conclusion, observers are watching for RBI guidance about its outlook on the state of the economy.

Aug 6, 2019

Account Aggregator to make funding seamless in India

The account aggregator will obtain data from multiple service providers and deliver it via consent-based channels to financial information users.

Jul 29, 2019

Cars24 procures NBFC licence from RBI to offer loans against used cars

Cars24, a used car buying and selling platform, will facilitate vehicle loans to customers as well as finance channel partners to help them expand their businesses.

Jul 25, 2019

Bimal Jalan report: Govt may put more pressure on RBI for cash to meet budget target

Jalan panel's proposal for 'nominal' transfer of RBI funds to the government from the reserves over 3-5 years falls short of expectations.

Jul 18, 2019

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

Big relief for pensioners as PF to get priority in repayment from IL&FS, rules NCLAT

The Uday Kotak-led new board has allowed companies classified under the green category to service their loan to all secured and unsecured creditors.

Jul 14, 2019

Stylist Samidha Singh gets candid about quitting her job to work on her passion in fashion

Samidha's journey in the world of fashion is something that will leave everyone inspired.

Jul 11, 2019

NBFC crisis: RBI may get more teeth to regulate HFCs, review assets

Interestingly, housing finance companies in India are regulated by the National Housing Board and the RBI does not have direct authority over them.

Jul 4, 2019

RBI launches new complaints portal; here is how you can air banking grievances

The public can use the portal to lodge complaints related to any RBI regulated banks or firms

Jun 25, 2019

Why is Flipkart bridging the gap between sellers and financial institutions?

The motto of the company is to invest in creating sellers from the six crore MSMEs across the country.

Jun 21, 2019

Karvy group rebuts accusations, says 'didn't mislead or cheat investors'

The company has claimed that Karvy Private Wealth (KPW) only acted as facilitator.

Jun 19, 2019

nse nifty, nifty at new high, nifty at historic high, nifty at lifetime high, nifty to cross 10000, nifty to hit 10000, sensex gainers, 3 years of modi govt

Market mind's on the monsoon with one eye on budget as uncertainty reigns

Benchmark indices expected to consolidate during the wait for fresh cues; Union Budget and GST Council meetings to be watched domestically; Fed meeting, US response to India's tariff tweak, US-China trade wars and the Middle East among key global cues.

Jun 16, 2019

1 2 3 4 5 6 7 8 9 10