NBFCs
Economy
Govt unveils $80 bn in credit lines, liquidity schemes for MSMEs, NBFCs, discoms
The Narendra Modi government on Wednesday kicked off the first round of announcements of what it promises will be a ......
Finance
Serum Institute's Adar Poonawalla bets $40 mn on Mumbai NBFC
Adar Poonawalla, CEO at vaccine maker Serum Institute of India Pvt. Ltd, has invested in a non-banking finance company, a ......
Finance
At mercy of banks, cash-tight NBFCs face new turmoil
India’s banks are freezing credit lines to shadow lenders as the coronavirus crisis shuts down commerce in Asia’s third-largest economy, ......
Finance
RBI unveils steps for NBFCs, microlenders to tackle virus impact
The Reserve Bank of India on Friday unexpectedly cut its key deposit rate for the second time in three weeks ......
Finance
True North to pump more money into financial services firm
Homegrown mid-market private equity firm True North is set to invest an additional sum in a financial services company, according ......
Finance
Why NBFCs face bigger headache than banks from coronavirus
India’s non-banking finance companies face more pain in coming months as a nationwide lockdown to battle the coronavirus pandemic threatens ......
Finance
NBFCs must adapt, make loans to sell and not hold: U Gro's Shachindra Nath
Shachindra Nath, a financial services veteran, started providing loans to small businesses last year under non-banking financial firm U Gro ......
Finance
Ashok Leyland to raise stake in NBFC arm Hinduja Leyland Finance
Hinduja Group flagship Ashok Leyland Ltd plans to buy an additional 19% stake in group company Hinduja Leyland Finance Ltd ......
Finance
Avanse Financial CEO on growth plan under new majority owner Warburg Pincus
In March 2019, private equity firm Warburg Pincus agreed to acquire an 80% stake in education lender Avanse Financial Services ......
Finance
Swiss asset manager responsAbility backs Ess Kay Fincorp via debt financing
Ess Kay Fincorp Ltd, a non-banking financial company that focusses on the commercial vehicle and small business segments, has raised ......
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