RBI should act as lender of last resort, provide liquidity to NBFCs: SBI
In its report on Budget expectations, the economists said RBI should "seriously think" of providing liquidity to NBFCs against the assets held by the lenders. "Given the crisis of confidence in the financial markets, it is imperative that central banks don't forget their primary function of being the lender of the last resort," they said.
Share market update: NBFC stocks mixed; Reliance Capital slips 5%
The NSE Nifty50 index was trading 14.40 points up at 12,357.70.
PFC’s dollar bonds receive 42% US participation
PFC becomes the first Indian public sector company to issue senior unsecured US-dollar bonds ...
L&T Finance Holdings Q3 profit inches up to Rs 591 crore
The NBFC said it continued to deliver top quartile return on equity at 16.51 per cent.
Share market update: NBFC stocks mixed; Reliance Capital rises 5%
The 30 shares BSE Sensex was down 287.24 points at 41665.39.
KKR infuses $150 million 'confidence' capital in India NBFC arm
This is the second time the parent is infusing ‘confidence’ capital after putting in $100 million in 2009, when the PE group launched its credit business in India in what was then hailed as a pioneering strategy. Till date its other investors Abu Dhabi Investment Authority (ADIA) and Texas Teacher Retirement System have each infused $100 million.
Share market update: NBFC stocks mixed; Religare Enterprises jumps 5%
The 30 shares BSE Sensex was down 5.28 points at 41854.41.
Paytm plans to scale up its online lending business
It has recently launched All-in-One QR for merchants across the country to accept unlimited payments through Paytm Wallet, Rupay Cards and all UPI based payment apps directly into their bank account free of cost.
Share market update: NBFC stocks mixed; Centrum capital soars 8%
The 30 shares BSE Sensex was up 214.50 points at 41814.22.
Investors can expect returns of 8-9% from Nifty this year: Mahesh Patil
Largecaps will continue to do well, mid and smallcap companies could catch up, says Patil.
ETRise Dialogues: How to raise money during economic uncertainty? Join panel discussion
Experts believe the best way to survive in this situation is evaluate new options of raising credit, make better use of the existing options and make practical projections.
Piramal Capital raises Rs 1,400 crore to service debt, and for lending
Piramal Capital & Housing Finance has raised Rs 900 crore from two public sector banks — United Bank of India and Bank of India — at 8.9% for five years and Rs 500 crore from IndusInd Bank for one year at 9% to meet the obligations.
How Tier 2 and Tier 3 cities are set to lead the FinTech space in the next 5 years
FinTech Companies can achieve customer satisfaction and loyalty, by focusing on technologies such as blockchain.
Share market update: NBFC stocks mixed; Sahara Housing spikes 10%
The 30 shares BSE Sensex was up 612.61 points at 41430.35.
Share market update: NBFC stocks mixed; Sahara Housing jumps 10%
The 30 shares BSE Sensex was down 155.16 points at 40714.31.
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