Non-banking finance companies (NBFCs) must adopt a prudent approach in risk-taking, and never take risks beyond their absorption capacity, Reserve Bank of India’s (RBI) Deputy Governor ...
Stress in the Non Banking Finance Companies (NBFCs) may pose risk in the financial system due to their overexposure to power and infrastructure sector and interconnectedness with other markets ...
Non-banking finance companies’ (NBFCs) unsecured consumer credit offtake is chugging along smoothly, clocking above industry growth, despite RBI, in November 2023, increasing the risk weights on ...
Stock to watch: LIC (Life Insurance Corporation)-owned small-cap NBFC (Non Banking Financial Services) stock Paisalo Digital Limited redeems NCD worth ₹12 crore Paisalo Digital Limited Intimated ...
The report added that FinTech NBFCs account for only 13% of the total personal loan sanction value in FY 24-25 (until December 2024). Fintech NBFCs sanctioned 8.3 crore loans worth Rs 81,365 crore ...
The NBFC sector has maintained double digit credit growth, supported by adequate capital levels and healthy delinquency trends. Image: Twitter With the Reserve Bank of India’s (RBI) Monetary ...
Kuhoo Finance, a fintech platform specialising in student loans, has received regulatory approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC).
The NBFC stock has dropped 19% in six months and 4% in one year. However, in the long term, SG Finserve shares have delivered multibagger returns, as the stock has jumped 960% in three years ...
Banks or NBFCs: who offers better terms? The decision between banks and NBFCs for education loans depends on individual student needs. According to Hebbar, while public sector banks typically ...
NBFCs had turned to CPs after banks tightened lending, with their share in overall CP issuance rising to 40 per cent or more for seven consecutive quarters, compared to less than 30 per cent ...
Fintech major Jio Financial Services (JFS) has infused INR 1,000.24 Cr (about $117 Mn) in its NBFC arm Jio Finance Limited (JFL) to further expand its offerings. In an exchange filing ...
The Reserve Bank of India (RBI) has imposed a cumulative monetary penalty of INR 76.60 Lakh on four non-banking financial company peer-to-peer (NBFC-P2P) lending platforms – Faircent ...