Rise of cashless economy: NBFC-MFIs go high on e-payments
Portraying a major transition in sync with the “Digital India “drive, 60 per cent Non Banking Financial Companies (NBFCs) and…
29 AUG 2017
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Microfinance bounces back with a bang post Demonetisation
Microfinance segment has made an impressive comeback following the demonetisation drive of the Narendra Modi Government which has touched nearly…
28 AUG 2017
Five Star NBFC raises $50 million from new and existing investors
Chennai-based Non-Banking Financial Company (NBFC) Five Star Business Finance has raised $50 million (about Rs 333 crore) in equity from…
26 AUG 2017
Fintech NBFC brand Prest Loans begin operations in Rajasthan
FinTech NBFC brand Prest Loans has initiated its operations in Rajasthan. The company provides online loans to small businesses and…
25 AUG 2017
RBI to initiate syncing of NBFC regulations: Deputy Governor
In a bid to promote the growth of Non-Banking Financial Companies (NBFCs), the Reserve Bank of India (RBI) is soon…
24 AUG 2017
NBFC cash loan for gold restricted to Rs 25,000
Non-Banking Finance Companies (NBFCs) cannot lend more than Rs 25,000 in cash against gold said Reserve Bank of India (RBI).…
10 MAR 2017
Muthoot finance join hands with TechProcess
In a bid to ease up the loan collection process, gold finance honcho Muthoot has tied up with TechProcess. As…
12 OCT 2016
Canara Bank chosen as a partner for HEFA
The government has chosen Canara bank as the joint venture partner for the establishment of a Higher Education Financing Agency.…
12 OCT 2016
Fullerton India posts impressive growth, profit goes up by 43%
Fullerton India, one of India’s ace non-banking financial companies with an extensive pan-India presence on Friday declared its audited financial…
20 MAY 2016
NBFCs driving financial inclusion, says FIDC Chairman Raman Aggarwal
Raman Aggarwal, Chairman, Finance Industry Development Council (FIDC) elaborates how NBFCs are growing and need support of the Reserve Bank…
11 MAY 2016
