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Non Banking Finance Company Nbfc
Business  /  Published 10.01.23

Torrent Investments fails to halt R-Cap rebid

The tribunal comprising Justices P.N. Deshmukh and Shyam Babu Gautam declined to grant a stay by the Torrent group and kept the matter for hearing on January 12...
By Our Special Correspondent in Mumbai

Business  /  Published 07.01.23

Torrent ups RelCap ante

Ahmedabad-based Torrent Group is offering to pay the entire bid amount of Rs 8,640 crore as upfront cash while maintaining the net present value (NPV) of Rs 8,640 crore quoted during the auction...
By PTI in New Delhi

Business  /  Published 10.11.22

Piramal NBFC focus on retail

The company reported a net loss of Rs 1,536 crore during the quarter against Rs 395 crore of re-computed net profit for the second quarter...
By Our Special Correspondent in Mumbai

Business  /  Published 13.09.22

Freeze on WazirX lifted

The ban was imposed in connection with money laundering investigations of a number of NBFC companies and their fintech partners...
By A Staff Reporter in Calcutta

Business  /  Published 02.09.22

RBI tightens rules for digital loans

'Any fees, charges, etc, payable to Lending Service Providers in the credit intermediation process shall be paid directly by Regulated Entities and not by the borrower'...
By PTI in Mumbai

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Business  /  Published 03.08.22

CCI clears Shriram merger

Company said in a regulatory filing that approval from CCI came on August 1...
By Our Special Correspondent in Mumbai

Business  /  Published 18.07.22

Merger of Shriram NBFC duo by Q3

‘The next step is, we need two more approvals. One from CCI and another from Irdai, which we should see happen soon’...
By PTI in New Delhi

Business  /  Published 23.05.22

CII chief wants NBFC upgrade

According to him RBI needs to work on a discussion paper on what is good for the future of banking...
By R. Suryamurthy in New Delhi

Business  /  Published 08.10.21

Piramal to hive off pharma

Following the process, the company will be a non-banking finance company offering solutions across both the retail and wholesale segments...
By Our Special Correspondent in Mumbai

Business  /  Published 07.07.21

SMFG buys Fullerton India

A non-banking finance company (NBFC), Fullerton, provides personal loans, business loans, loans against property, vehicle loans and housing finance among others...
By Our Special Correspondent in Mumbai


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