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
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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
Ex-SBI Chief Arundhati Bhattacharya likely to join Piramal’s financial services
Former State Bank of India (SBI) Chairman Arundhati Bhattacharya is most likely to join Piramal’s financial services business after her cool-off period ended…
09 OCT 2018
RBI likely to tighten capital adequacy rules for NBFCs
In the wake of the ongoing crisis at Infrastructure Leasing & Financial Services Ltd (IL&FS), the Reserve Bank of India (RBI)…
05 OCT 2018
