Non Banking Finance Companies Nbfcs
Business  /  Published 16.05.22

Card Control

Starting June 1, the Reserve Bank of India’s new rules on credit cards will come into play. These rules are aimed at making credit card ownership safer for consumers. The rules address common gr...
By Adhil Shetty

Opinion  /  Published 15.03.22

Small’s not beautiful

New signboards are often visible, advertising the names of small finance banks. Promoters with 10-year experience in banking and finance of pre-existing, non-banking finance companies, micro-finance i...
By Arindam Gupta

Business  /  Published 03.03.22

KPMG audit of Srei firms questioned

KPMG’s forensic audit into the books of city based NBFC companies — Srei Infrastructure Finance and Srei Equipment Finance — has come under the scanner for not factoring in the erstw...
By Pinak Ghosh in Calcutta

Business  /  Published 14.12.21

Shriram merges NBFC arms

The Shriram group on Monday announced the much awaited restructuring of its operations as it strives to become the No. 1 NBFC in the country with assets under management (AUM) of Rs 1.5 lakh crore. U...
By Our Special Correspondent in Mumbai

Business  /  Published 06.10.21

NCLT move backfired on Srei

The Srei group’s decision to proactively move to NCLT in a bid to recast debt and repay creditors in retrospect could have irked the bankers and prompted the Reserve Bank of India to trigger its...
By Pinak Ghosh in Calcutta


Business  /  Published 02.10.21

HDFC Bank in a spot over fake loan fee

A whistleblower has alleged that HDFC Bank has levied processing fees on customers who had submitted forged or suspected documents to get loans — instead of reporting them to the authorities. T...
By Our Bureau in Mumbai

Business  /  Published 25.08.21

Govt alert on Nidhi firms

The government on Tuesday again urged investors to check the antecedents of Nidhi companies before putting in their money, as at least 348 entities have failed to meet the criteria to be declared as N...
By PTI in New Delhi

Business  /  Published 24.08.21

IPO appetite diminishing

Five out of the eight initial public offers (IPOs) which mopped up Rs 13,857.07 crore in August are trading below their issue prices,  raising concerns if the big party around public issues is ov...
By Sambit Saha, Pinak Ghosh in Calcutta

Business  /  Published 22.06.21

Assam prop for Bandhan

The Bandhan Bank scrip surged on the bourses on Monday on the back of an announcement by the Assam government last Friday to offer a relief package to bail out small-loan borrowers in the northeastern...
By A Staff Reporter in Calcutta

Business  /  Published 16.06.21

NBFC-MFIs seek level playing field

Non-bank microfinance companies (NBFC-MFI), which constitute 30.8 per cent of the overall microfinance credit portfolio, expect a level playing field with banks and small finance banks if the proposed...
By A Staff Reporter in Calcutta


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