NBFCs
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January 25, 2023, Wednesday
TVS Credit posts 75% rise in Q3; net profit rises to Rs 97.97 crore
The company's total income for the quarter under review was also up by 51 per cent to Rs 1,094.13 crore, as against Rs 723.6 ...
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January 25, 2023, Wednesday
TVS Credit Services Ltd Q3 net profit at Rs 97.97 cr, total income jumps
Non-banking finance company TVS Credit Services Ltd has reported a net profit at Rs 97.97 crore for October-December 2022, the ...
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January 23, 2023, Monday
Credit Saison India receives Rs 540-crore capital infusion from parent firm
Digital non-banking finance company Credit Saison India has received Rs 540 crore in fresh capital from its Japanese parent ...
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January 11, 2023, Wednesday
L&T Finance to increase retail loan portfolio to 75% of total loan book
In the September quarter, the company's retail book for the first time crossed Rs 50,000-crore milestone
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January 11, 2023, Wednesday
10 NBFCs, 1 asset reconstruction firm defer registration certificates: RBI
The Reserve Bank of India on Wednesday said 10 NBFCs and one asset reconstruction company have surrendered their registration ...
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January 05, 2023, Thursday
Mahindra Finance gains 3% as RBI lifts ban on outsourcing loan recovery
On September 22, 2022, the RBI had directed company to immediately cease carrying out any recovery or repossession activity ...
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January 05, 2023, Thursday
Day after lower AUM number, Bajaj Finance shares tumble 8%
Bajaj Finance acquired 3.1 million new customers (v/s 2.6 million acquired in Q2FY23). The new customer acquisition run-rate was ...
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January 04, 2023, Wednesday
Odisha-based Annapurna Finance applies for universal bank license
Established in 2009, the MFI has been promoted by People's Forum, a society registered in Odisha, which comes under the RBI's ...
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January 04, 2023, Wednesday
Bajaj Finance loan booking up 5.5% in Q3FY23, hits lifetime high of 7.8 mn
The company also recorded its highest ever quarterly increase in customer franchises at 3.1 million
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January 03, 2023, Tuesday
Surge in credit to NBFCs takes service sector loans past those to industry
RBI data shows that as of November 18, outstanding loans to the services sector amounted to Rs 33.15 trillion while those to ...
