NBFCs maintain growth in Q1, wary of rising… Non-banking financial companies (NBFCs) maintained their growth momentum in Q1 FY24 led by strong demand for…
Auxilo Finserve raises Rs 470 cr; to expand loan… Auxilo Finserve, an education finance-focussed NBFC, raised Rs 470 crores as primary equity capital from…
Banks, NBFCs’ provisional Q1 figures show robust… Provisional figures for Q1FY24 released by banks and NBFCs show that both credit and deposit growth remained robust…
Banks witness robust deposit accretion and… Scheduled banks reported a growth in deposits in the reporting fortnight ended June 16, 2023, as they continue with…
Bank of India launches “Centralised Pool Buy-Out… Bank of India has launched a ‘Centralized Pool Buy-Out and Co-Lending Cell’ to boost priority sector lending. The…
NBFCs across the spectrum post record… FY23 turned out to be a blockbuster year not only for banks but also for the non-banking financial companies…
RBI Issues Detailed Norms For Outsourcing Of IT… Home BusinessRBI Issues Detailed Norms For Outsourcing Of IT Services By…
RBI to audit 9,500 NBFCs to check on levels of… The Reserve Bank of India (RBI) is likely to engage the services of external auditors to audit majority of the…
‘Upper layer’ NBFCs seek RBI counsel on… Nearly a month after the Reserve Bank of India (RBI) put out the list of non-banking finance companies to be…
UIDAI looking to onboard more NBFCs for online… Aadhaar custodian UIDAI is looking to onboard more non-banking financial companies to authenticate users online, a…