Search Results for: NBFC

Can NBFCs fill the void as banks' appetite to lend deteriorates after NPA woes?

NBFCs have built substantial AUM in the personal loan and housing finance segments, which so far have been the bread and butter for retail banks.

Feb 7, 2017

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Happy New Year 2017: Will Sensex, Nifty respond positively to PM Modi's sops?

Investors would hope for a bullish Sensex and Nifty trend; PM Modi's speech puts bank, real estate, home loan stocks in focus.

Jan 1, 2017

Home, farm loan borrowers get 60 days extra to repay as RBI eases norms

The relaxation is applicable on dues worth up to Rs 1 crore payable between November 1 and December 31 2016, says RBI.

Nov 22, 2016

Bajaj Finance sees near-term blip in credit growth

Demonetisation of high-value currencies by India is likely to drag many NBFCs' balance sheet.

Nov 15, 2016

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Temasek-owned Fullerton India raises Rs 500 crore in masala bonds

Fullerton India is a non-banking finance company operating since 2007 and follows entities like NTPC, HDFC to issue masala bonds.

Oct 18, 2016

Union Cabinet approves setting up of Higher Education Financing Agency with initial corpus of Rs 2,000 crore

HEFA aims to "push for high-quality infrastructure in educational institutions," says an official statement.

Sep 12, 2016

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Mahindra, Ola announce partnership to drive business

The agreement between Mahindra and Ola envisages selling cars worth Rs. 2,600 crore to about 40,000 Ola-affiliated drivers.

Sep 8, 2016

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Income Tax department raids offices of Muthoot Capital Services

The searches were carried out for alleged tax evasion.

Aug 7, 2016

Infosys co-founder Nandan Nilekani invests Rs. 160 crore in KKR realty unit

Nilekani's investment in KKR India is the biggest in 2016, but his portfolio continues to defy a predictable strategy.

Jun 27, 2016

Popularity on Facebook and LinkedIn might just make it easier to get loans now

Having the right contacts on LinkedIn and Facebook may help in assessing a person's creditworthiness, reported the Economic Times.

May 30, 2016

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7 NBFCs return licences; certificates of 4 others cancelled by RBI

The non-banking financial companies will no longer be able to carry on business, said the RBI.

May 11, 2016

Kingfisher Airlines Case: Fraud Office probes 17 lender banks

Serious Fraud Investigation Office (SFIO) now questions the source of the banks' monies and its flows.

Mar 12, 2016

IIT panel recommends three-fold fee hike in student fees

We cannot keep subsisting at sub-critical levels and also face all-round criticism for not making a mark globally, an IIT director told the ET.

Feb 2, 2016

Srei Infra sells 57.38 lakh shares of Pipavav Defence at Rs 89.47 per share

The buyer could not be identified from the bulk deal data for 30 December on the NSE.

Dec 30, 2015

Medium term prospects of NBFCs are not uniform: Gandhi

The micro finance institution segment would shrink as big 10 would become small finance banks.

Dec 21, 2015

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