The Reserve Bank of India (RBI) has granted three additional months to banks and Non-Banking Financial Companies (NBFCs) up till 1st April, 2024, for executing […]
Tag: NBFCs
RBI releases report on “Trend and Progress of Banking in India 2022-23″
The Reserve Bank of India (RBI) has released the report on “Trend and Progress of Banking in India 2022-23, showing the performance of the banking […]
FIDC gets new Chairman, Umesh Revankar
The Finance Industry Development Council (FIDC) has appointed Umesh Revankar as its new Chairman. The managing committee elected Revankar unanimously in a meeting convened in […]
Technology : A tool for understanding customer expectations
In today’s rapidly evolving business landscape, the key to success lies in understanding and meeting customer expectations. This requires a deep understanding of customer preferences, […]
NBFCs, together with fintechs
B2B Infomedia organised the 15th edition of NBFC and Fintech Conclave and Awards in Chennai on 18th August, 2023. The event saw participation from more […]
CreditAccess Grameen signs a $200 million external commercial borrowing deal
India’s largest NBFC-MFI CreditAccess Grameen has inked a $200 million external commercial borrowing deal with foreign banks and overseas branches of Indian banks. It has […]
Gold loan NBFC Indel Money looks to strengthen presence in western, central India
Gold loan non-banking finance company (NBFC) Indel Money has taken the decision to strengthen its presence in western and central India as a part of […]
Rural India throws NBFCs a lifeline in season of lost momentum
Overall loan growth by non-banking finance companies crawled in Q4, growing just 2% annually during the quarter. Both semi-urban and urban sectors reported lower growth […]
Disguised payouts: Banks, insurers face GST notices
The goods and service tax (GST) authorities are set to issue show-cause notices to 29 insurance companies, a leading private bank, around five non-banking financial […]
Retail loan securitisation rises 56% to Rs 1.76 lakh cr in FY23
Retail loan securitisations jumped a robust 56 per cent to Rs 1.76 lakh crore in the just concluded fiscal 2023, while that of wholesale rose […]