RBI directs NBFCs over Rs 5000 crore asset size to appoint Chief Risk Officer
The Reserve Bank of India (RBI) has directed the Non-Banking Finance Companies (NBFCs) with assets size of more than Rs…
17 MAY 2019
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Bank of Baroda, Srei Equipment Finance join hands for infra equipment loans
Srei Equipment Finance Ltd (SEFL) and India’s third-largest lender Bank of Baroda have inked a co-lending arrangement for infrastructure equipment,…
19 APR 2019
NBFCs’ fund-raise from securitisation inflates by 2.5 times
Non-Banking Financial Companies (NBFCs) have raised Rs 26,200 crore via securitisation in FY 2019, a growth of more than two…
17 APR 2019
Manappuram Finance inks MoU with Autolite (India) for financing of Electric Vehicles
India’s leading gold loan Non-Banking Finance Company Manappuram Finance Ltd has inked a Memorandum of Understanding (MoU) with the Autolite (India) Limited for a…
02 APR 2019
Rubique collaborates with banks, NBFCs for co-lending
In a bid to initiate co-lending of personal and business loans, digital lending platform Rubique has joined hands with a…
04 MAR 2019
RBI relaxes bank lending norms for well-rated NBFCs
In a bid to maintain risk weights on bank lending, the Reserve Bank of India (RBI) has eased norms for…
08 FEB 2019
Agri NBFC Samunnati raises $5 million from Dutch Development Bank, FMO
Samunnati, a Chennai based Agri-Non Banking Financial Company (NBFC) has raised $5 million from Dutch Development Bank, FMO. FMO, the…
03 JAN 2019
RBI grants lending license to Kirloskar Capital
The Reserve Bank of India (RBI) has granted the license to Kirloskar Capital for its lending business. This particular move for Kirloskar…
02 NOV 2018
More PSBs likely to purchase portfolios from NBFCs: Sources
Following the footsteps of India’s largest public sector bank the State Bank of India (SBI), more Public Sector Banks (PSBs)…
12 OCT 2018
SBI set to buy loan assets worth up to Rs 45,000 crore from NBFCs
India’s largest lender the State Bank of India (SBI) is planning to purchase loan assets worth Rs 45,000 from Non-Banking…
11 OCT 2018
