Search For "non banking financial companies"
Updated : 2 years, 2 months ago IST
Singapore, April 14 (ANI): Moody's Investors Service has taken rating actions on three Indian non-banking financial companies (NBFCs).
Updated : 2 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
Updated : 2 years, 5 months ago IST
Mumbai (Maharashtra) [India], Jan 22 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday it expects gross domestic product (GDP) to grow at 5.5 per cent year-on-year in the next financial year (FY 20-21) but added that downside risks persist.
New Delhi [India], Dec 30 (ANI): Muted economic growth, lower working capital requirements and risk aversion among lenders have compressed the incremental credit growth in current financial year (April 2019 to March 2020), according to investment information agency ICRA.
Updated : 2 years, 6 months ago IST
Mumbai (Maharashtra) [India], Dec 2 (ANI): International Finance Corporation (IFC), part of the World Bank Group, has anchored an investment round of 200 million dollars (about Rs 1,430 crore) in Mahindra & Mahindra Financial Services Ltd to create a dedicated pool of financing for micro, sm
Updated : 2 years, 9 months ago IST
New Delhi [India], Sept 19 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that public sector banks will hold meetings with representatives of Non-Banking Financial Companies (NBFCs) and prospective clients in 400 districts across the country to ensure that more liquidit
Updated : 2 years, 10 months ago IST
New Delhi [India], Aug 30 (ANI): ICRA Ltd has ousted its Managing Director and Group Chief Executive Officer Naresh Takkar, nearly three months after the Securities and Exchange Board of India (SEBI) received an anonymous complaint alleging misconduct at the credit rating agency under him.
Updated : 2 years, 11 months ago IST
New Delhi [India], July 8 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday it will do its best after being given the additional responsibility of supervising and regulating non-banking financial companies (NBFCs) in a bid to boost investment and lending in the econo
New Delhi [India], July 5 (ANI): The government will strengthen regulatory authority of Reserve Bank of India (RBI) over non-banking financial companies (NBFCs), Finance Minister Nirmala Sitharaman said on Friday.
Updated : 3 years ago IST
Bengaluru (Karnataka) [India], June 21 (ANI): Sellers on e-commerce major Flipkart platform can now get loans at competitive interest rates from banks and non-banking financial companies (NBFCs) within two days, a move that is likely to benefit more than one lakh micro, small and medium ente
Updated : 3 years, 2 months ago IST
Pune (Maharashtra) [India] April 9 (ANI/BusinessWire India): The last quarter of 2018 saw an increase in fixed deposit interest rates, due to factors such as an increase in loan to deposit ratio, falling value of Indian rupee and the rising crude prices. Owing to key rates rising by 0.5 p
Updated : 3 years, 3 months ago IST
Pune (Maharashtra) [India] March 5 (ANI): The year 2018 witnessed all developed economies hiking their interest rates. The US Fed hiked it four times, whereas Reserve Bank of India (RBI) increased its policy rates twice. Bank deposit rates have moved in tandem to this increase. Whil