NBFC Shares Surges as RBI Provided More Power
After the finance minister Nirmala Sitharaman stated in the Union Budget that the government will give more power to Reserve Bank of India (RBI) to...
Tag : NBFC
NBFCs Will Keep Getting Funded Says RBI
In the middle of growing fears of defaults by non-banking finance companies, country’s largest lender State Bank of India on Friday said it will continue...
Reliance Group To Take Legal Actions Against L&T And Edelweiss
Reliance Group has announced that the company will take legal actions against L&T Finance and Edelweiss group after the Anil Ambani group entities lost more...
Reliance Group To Take Legal Actions Against L&T And Edelweiss
Reliance Group has announced that the company will take legal actions against L&T Finance and Edelweiss group after the Anil Ambani group entities lost more...
SBI Puts Rs. 15,400 Crores Of Essar Steel Loan On Sale
The largest lender in the country, State Bank of India (SBI) has put its entire loan of Rs 15,431 crores to Essar Steel on sale...
RBI Introduces Norms For Loan Restructuring For MSMEs
The Reserve Bank of India (RBI), in order to create an enabling environment for the Micro, Small and Medium Enterprises (MSMEs), has announced the norms...
JM Financial Plans To Raise Rs 1,250 Crores Through Bonds Sale
The non-banking finance (NBFC) arm of JM Fin Group, JM Financial Credit Solutions (JMFL), has announced that the company is planning to raise up to...
State Bank of India Planning To Purchase Loan Assets From NBFC
State Bank of India (SBI) is said to increase its portfolio purchase of loans from non-banking finance companies (NBFCs) to provide the much-required liquidity to...
Aavas Financiers Ltd. Enters The IPO Market
Aavas Financiers Ltd. plans to issue initial public offering (IPO) in order to raise up to Rs 1,734 crores through its three-day run that opens...
Dilip Buildcon receives letter from NBFC to finance their projects
Dilip Buildcon has received sanction letter from NBFC and Nationalized Bank, to finance their 3 projects. The company’s 3 wholly owned subsidiary companies have received the...