NBFC
Finance
Top exec leaves Xander Finance amid raft of departures, may join real estate PE
A top executive at the non-banking finance company of The Xander Group has quit the NBFC after almost nine years ......
TMT
True Balance secures debt capital for its non-banking finance arm
True Balance, a fintech firm that focuses on the consumer segment, has raised $10 million (around Rs 72.39 crore) in ......
Finance
Northern Arc inches towards float as NBFC finalises plans for hiring bankers
Northern Arc Capital Ltd, formerly known as IFMR Capital, is in the process of firming up plans to hire book-running ......
People
Shapoorji Real Estate Fund exec joins U GRO as treasury chief
Publicly listed fintech platform U GRO Capital has hired Shapoorji Real Estate Fund’s Amit Gupta as chief treasury officer, the ......
Finance
Temasek-owned Fullerton names new CEO-MD
Non-banking financial company Fullerton India Credit Company Ltd has appointed a new CEO and MD, it said on Tuesday. Shantanu Mitra ......
Finance
How banks, NBFCs' crisis sprouted loan management biz for Arpwood-backed lender
SBFC Finance Pvt Ltd, a lender to small businesses, is fast filling up the loan-management niche in India that has ......
Finance
RBI tightens investment rules for shadow banks from FATF non-compliant jurisdictions
India's central bank said on Friday new investors who operate from jurisdictions not in compliance with the Financial Action Task ......
TMT
Returning investor Coatue leads $108 mn Series D round in BharatPe
Payments and financial services startup BharatPe has raised $108 million (around Rs 785.72 crore) in a Series D funding round ......
Finance
Central bank urges a tiered approach to regulating shadow banks
The central bank has proposed a tighter regulatory framework to harmonise classification of bad loans of non-banking financial companies (NBFCs). In ......
Markets
Nifty, Sensex hit over one-week low as shadow lenders drop on fears of tighter rules
Indian shares ended at a more than one-week low on Monday, weighed down by non-bank financial companies (NBFCs) on fears ......
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News