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May 22, 2012 at 12:06 | Source: Business Today
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In a bid to futher tighten regulations the Reserve Bank of India (RBI) on Friday asked banks to bring down credit exposure to a single non-banking finance company (NBFC),doing business of gold loans, from existing 10% to 7.5%. The regulator has ...
May 18, 2012 at 16:33 | Source: MoneyControl.com
Jindal South West Holdings Ltd has become a Core Investment Company (CIC) in terms of Core Investment Companies (Reserve Bank) Directions, 2011 dated January 05, 2011. Consequently, as advised by The Reserve Bank of India (RBI), the Company is seeking ...
May 25, 2012 at 10:06 | Source: equitybulls.com
Or why would you take gold loan from a non-banking finance company, or NBFC, when banks charge a lower rate? The answer is convenience. The 'gold loan in five minutes' sales pitch of NBFCs may not be true in letter but is true in spirit. As gold loans are ...
May 23, 2012 at 18:58 | Source: MSN India
Kerala-based Hedge Group launched its non-banking finance company (NBFC) – Hedge Finance – on Friday. The new vertical will mainly focus on the LAS (loans against securities) model rather than the traditional gold loan business. According to Alex K ...
May 11, 2012 at 19:05 | Source: Business Standard
In the early 2000s, one of the first things that a newly-appointed CEO of an NBFC (non-bank finance company) did was to call a brainstorming session with senior executives, the topic being “Do we have a future?” And the conclusion of the discussion ...
May 16, 2012 at 05:08 | Source: Livemint.com
Ltd, a non-banking finance company (NBFC) that specializes in providing funds to corporate entities. "Prudent risk management would require companies with FCCB exposure to build up provisions for repayment of the loan (and not assuming ...
May 25, 2012 at 07:57 | Source: Businessweek
As recommended by the Rajan Committee, we need to do a couple of things: allow the Non Banking Financial Company (NBFC)-MFIs to be banking correspondents for savings and tie this up with mobile banking; and second, issue licences for ‘small ...
May 24, 2012 at 16:55 | Source: Hindustan Times
The transaction marks the entry of IIFL, which also has a non-banking financial company (NBFC) that has exposure to real estate, into the private equity funding space. The PE fund, IIFL Real Estate Fund (Domestic Series I), has committed Rs 80 crore in a ...
May 16, 2012 at 17:40 | Source: Livemint.com
20,489 crore to Rs. 27,281 crore. Major increase in advances was due to increase in advances to large scale industries by 41% and NBFC's by 56%. Gold loan accounted 19% of total advances which is highest of total advances. Yield on advances also ...
May 22, 2012 at 08:50 | Source: MoneyControl.com
Kolkata, May 14 (IANS) With the country's power and telecom sectors experiencing many challenges, infrastructure and construction equipment financing non-banking finance company (NBFC) Srei Infrastructure Finance Ltd. Monday said it would attach greater ...
May 15, 2012 at 02:39 | Source: MSN India