nbfc news

NBFCs are driving MSME growth

MSME

economy

Published on May 24, 2026 12:47 pm IST

15 arrested in Noida for extorting ₹310 crore from thousands across India

The 15 arrested accused. (HT Photo)

gurugram news

Updated on Jan 11, 2025 05:34 am IST

HDB Financial Services ₹12,500 cr IPO: Parent HDFC to sell ₹10k cr shares in OFS

HDB Financial Services (HDBFS) Ltd which is a subsidiary of HDFC Bank, India’s largest private sector lender, is planning to raise ₹12,500 crore with an initial public offering (IPO)

business

Published on Oct 20, 2024 02:58 pm IST

RBI may act against more NBFCs due to obscure lending practices: Morgan Stanley

A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India.

business

Published on Oct 18, 2024 02:35 pm IST

Jio Financial Services gets RBI nod to become core investment company

People stand next to a logo of Jio Financial Services.

business

Updated on Jul 12, 2024 09:01 am IST

Manappuram Finance lodges complaint against manager who exchanged gold with fake jewellery

HT Image

mumbai news

Updated on Nov 29, 2023 07:04 am IST

Empowering India’s youth through education finance

Both students and institutions providing higher education face many challenges. For the students, especially those living in smaller towns, cities and rural areas, the most immediate challenge is access to quality education.

features

Updated on Oct 13, 2023 01:52 pm IST

Online tutor held for taking loan of ₹1.5 cr in students’ name

mumbai news

Updated on May 05, 2023 12:23 am IST

MFIs may get to set interest rates

The proposal, if implemented, will end the existing regulatory cap on MFI interest rate.

business

Updated on Jun 15, 2021 03:22 am IST

NBFCs diversify funding sources

According to RBI, between April and September, overall bank exposure to NBFCs continued to grow due to higher direct lending by banks as well as their investments in debentures.

business

Published on Jan 08, 2021 12:32 am IST

BharatPe to raise up to $200 million equity funding

BharatPe was valued at $400 million in its last equity fund-raise.

business

Published on Jan 05, 2021 12:13 am IST

RBI governor ask banks to strengthen lending capacity by raising capital

With specific reference to the financial sector,Shaktikanta Das highlighted the measures taken by the central bank since the onset of the pandemic to stabilise the economy and ensure financial stability

business

Updated on Dec 23, 2020 06:34 pm IST

Cabinet clears ₹6,000 cr for NIIF

Finance minister Nirmala Sitharaman had already announced about the capital infusion proposal on November 12 while unveiling the third stimulus package, AatmaNirbhar Bharat 3.0, to boost the economy

business

Updated on Nov 26, 2020 01:19 am IST

A breakthrough in banking reforms

The IWG report comes not a day late. The report goes a long way in addressing lacunae built up over the years and will advance India’s journey to a $5 trillion economy by reigniting the banking sector. RBI should move quickly to act on these recommendations.

analysis

Updated on Nov 25, 2020 07:57 pm IST

NBFCs take lead in banking licence race

Experts point out that the other option before RBI is to bring the large systematically NBFCs at par with banks with regard to regulatory framework.

business

Updated on Nov 23, 2020 05:33 am IST

RBI recommends banking industry overhaul

CCTV cameras are seen installed above the logo of Reserve Bank of India (RBI) inside its headquarters in Mumbai.

business

Published on Nov 20, 2020 06:59 pm IST

Shadow banks, fintech companies lead in loan defaults

Not only has the pandemic disrupted cash flows of borrowers, it has also forced scores of people to borrow afresh from fintech lenders at a high interest rate

business

Published on Nov 17, 2020 08:05 am IST

Flipkart bolsters partnerships with banks, NBFCs ahead of festive season

Flipkart said it has partnered with State Bank of India and with SBI Card to provide debit and credit cards holders a 10 per cent instant discount, while No Cost EMI will be available for Bajaj Finserv EMI card holders

business

Published on Oct 14, 2020 02:03 pm IST

Muthoottu Mini Financiers clocks 14% growth in the second quarter in midst of the pandemic: Mathew Muthoottu, Managing Director

Mathew Muthoottu, Managing Director, Muthoottu Mini Financiers

brand post

Updated on Oct 08, 2020 03:11 pm IST

Paytm appoints Bhavesh Gupta as CEO of lending business

Bhavesh Gupta is the new CEO of Paytm.

business

Updated on Aug 06, 2020 03:09 pm IST

PM Modi meets stakeholders from banks, NBFCs to discuss roadmap for future

Prime Minister Narendra Modi ‘s meeting with bankers focused on a roadmap for the future to ensure stable credit growth.

business

Published on Jul 29, 2020 10:55 pm IST

PM Modi to meet banks, NBFCs tomorrow to discuss financial sector

The meeting assumes significance as the credit growth has slumped amid the economic slowdown that is caused by the coronavirus-induced lockdown.

india news

Updated on Jul 28, 2020 06:21 pm IST

Banks wary of extending moratorium on loans, Parekh says it will hurt NBFCs

Deepak Parekh Chairman of Housing Development Finance Corporation in Mumbai.

business

Updated on Jul 28, 2020 07:15 am IST

Current crisis worst of century: RBI

The RBI governor ended his speech on a cautiously optimistic note, saying the financial system was functioning well and the economy had started showing signs of getting back to normalcy after the easing of lockdown restrictions.

india news

Updated on Jul 12, 2020 12:28 am IST

Small NBFCs saving cash

Another NBFC, Edelweiss Financial Services has resorted to selling down its wholesale loans and is looking to reduce it to zero in two years.

business

Updated on Jul 09, 2020 11:40 pm IST

Edelweiss farm to quit wholesale loan biz

Edelweiss reported a March quarter loss of ₹2,245 crore on Friday, its first loss in 25 years, after making additional provisions of ₹900 crore towards loan losses due to the Covid-19 pandemic, taking the total provisions to ₹2,549 crore at the end of March 2020.

business

Published on Jul 08, 2020 05:27 am IST