Mar 08, 2017 at 10:36 | Source: Moneycontrol.com
The IPO of Avenue Supermarts, which runs the D-Mart supermarket chain, is likely to see significant oversubscription. However, if the so-called GMP (grey market premium) is any indicator, the blockbuster listing might ensure healthy gains for HNIs if the oversubscription doesnt cross historic highs.
Mar 07, 2017 at 14:38 | Source: PTI
"PFC, a Non-Banking Financial Company (NBFC) in power sector, has sanctioned a term loan of Rs 2,703.88 crore to West Bengal Power Development Corporation Ltd (WBPDCL) for construction of Unit 5 (1 X 660 MW) under phase III of Sagardighi Thermal Power Station in Murshidabad," the company said in statement.
Mar 04, 2017 at 11:16 | Source: PTI
Dr Reddy's Laboratories today announced that it has acquired 100 per cent stake in Imperial Credit Private Ltd, a Kolkata-based non-banking finance company.
Mar 03, 2017 at 15:18 | Source: PTI
The money will be utilised predominantly for the construction of a residential project 'Project Zuri' in Thane.
Mar 02, 2017 at 11:05 | Source: CNBC-TV18
Ajay Srivastava of Dimensions expects major consolidation in the non-banking financial companies (NBFC) space in the medium-term. Smaller NBFCs in the industry can gain on these potential M&A opportunities, he added.
Mar 01, 2017 at 15:18 | Source: Moneycontrol.com
Reserve Bank of India Deputy Governor R Gandhi said that banking services were no longer limited to banks and specialised financial technology startups were eating into the business of banks and growing exponentially.
Mar 01, 2017 at 14:01 | Source: CNBC-TV18
Nagraj Garla, MD & CEO, IDBI Capital, A K Prabhakar, Head of Research, IDBI Capital and Sameer Kamath, CFO, Motilal Oswal share their rationale behind thinking why today's midcaps could be tomorrow's largecaps.
Mar 01, 2017 at 11:43 | Source: Moneycontrol.com
The brokerage firm is going big on the NBFC space particularly on the housing finance companies as the government aims to attain a "Housing for All", Prime Minister Narendra Modis pet project, by 2022, believes Vaibhav Agrawal, Head-Research & ARQ, Angel Broking
Feb 27, 2017 at 15:04 | Source: CNBC-TV18
Mannapuram Finance has picked Nucleus Software's Finone Neo Solution, which is a loan life cycle management product. Nucleus is a provider of lending and transactions banking solutions.
Feb 21, 2017 at 15:24 | Source: Moneycontrol.com
The Reserve Bank of India has granted a non-banking finance company license to company's wholly owned subsidiary APM Finvest, the company said in its filing.