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Non Banking Finance Companies

Sep 15, 2014 at 13:17 | Source: Moneycontrol.com
Prism Informatics Ltd has informed BSE that the Board of Directors of the Company had approved the allotment of 26,40,000 Equity Shares of Re 1 each at the premium of Rs 24 per equity share arising on conversion of 6,60,000 2% Non Cumulative Compulsorily Convertible Preference Shares of Rs 100 each at the conversion price of Rs 25.
Sep 13, 2014 at 11:29 | Source: Moneycontrol.com
Edelweiss Financial Services has informed that Credit Analysis & Research, vide their letter dated September 12, 2014, has assigned the rating of 'CARE AA' (Double A) to the proposed issue of non-convertible debentures of Rs 500 crore of the company.
Sep 12, 2014 at 19:15 | Source: CNBC-TV18
Puri feels that it is dangerous for banks to grow fast when the economy is slowing as it can result in higher non-performing loans.
Sep 10, 2014 at 14:04 | Source: Moneycontrol.com
DCM Financial Services Ltd has informed BSE that Credit Analysis & Research Ltd has revised the rating of the Company in respect of its Long Term Bank Facilities from CARE BBB- (Triple B Minus) to CARE BBB (Triple B).
Sep 09, 2014 at 14:36 | Source: PTI
The fund has already announced its maiden investment in the Chennai-based non banking financial company IFMR Capital, but did not disclose the amount invested.
Sep 08, 2014 at 09:31 | Source: Moneycontrol.com
The position had changed by the end of July 2014 as banks had overtaken automobiles as the top sector in the portfolio. Pharma, finance and consumer non durables were some of the other top sectors present. HDFC was the top individual holding.
Sep 06, 2014 at 14:06 | Source: Moneycontrol.com
Shree Global Tradefin has informed that the Committee of the Board of Directors of the Company at their meeting held on September 06, 2014, has allotted 29,63,000 Equity Shares of Rs 5 each pursuant to conversion of warrants allotted on Preferential basis at a premium of Rs 31 each to Non Promoter.
Sep 05, 2014 at 15:18 | Source: Moneycontrol.com
The percentage of gross non performing assets (GNPAs) for the banking sector is expected to worsen from 3.9 percent of advances in financial year 2013-14 to about 4-4.2 percent in 2014-15, according a report by ICRA.
Sep 04, 2014 at 17:57 | Source: Moneycontrol.com
Beryl Securities has board meeting held on September 04, 2014, has considered and approved: 1. The change in designation of Mr. Sanjay Sethi from Whole Time Director to Non Executive Director of the Company. 2. The appointment of Mr. Sanjay Sethi as the Chairman of the Company.
Sep 04, 2014 at 08:55 | Source: CNBC-TV18
Pankaj Jain, Sunteck Wealthmax advises buying Edelweiss Financial for a target price of Rs 57.75 and NBCC for a target price of Rs 496.
Messages on Non Banking Finance Companies »

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nged5177

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Kingfisher Air  

to almost 7.6 per cent, expected to have cost him around Rs 55 crore. After this, a little over four per cent of the 21.98 per cent is under pledge. It is understood that most of this shares were pledged with a Mumbai-based non-bank finance company, SICOM.

10.52 PM Jun 10th

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Source:Economic Times - MUMBAI: Non-banking finance companies are staring at the spectre of poor growth for the third year in a row as rural economy could be hit by the changing weather pattern called El Nino. If there is any slip in the farm economy, the mainstay of the past two years when

1.39 PM Apr 17th

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Bank of India  

Source:Economic Times - MUMBAI: The Reserve Bank of India`s (RBI) decision not to allow new non-banking finance companies for one year has opened the door for trading of NBFC licences.

1.57 PM Apr 4th

R Jagannathan

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Banking & Financial Services - Sector  

strengths. The attractions of becoming a bank are clear: cheaper deposits, with practically no limit on how much money than can be raised from depositors or lenders. Non-bank finance companies, on the other hand, have to restrict deposits to a certain multiple of their net worth. A banking licence

11.13 AM Apr 4th

R Jagannathan

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Just Posted  

that are very lean but use technology to service customers without either raising deposits or giving out loans (the so-called white-label ATMs are banks too), and we also need non-bank finance companies that exist for specialised purposes (gold loans, housing loans, etc). So India does not need one bank

2.11 PM Mar 24th

gcp73

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L&T Finance  

, 2014. The market lot of these securities shall be informed on March 12 through a separate circular," the NSE said in its release. At 09:32 hours IST, non-banking finance company L&T Finance Holdings was up 4.13 percent at Rs 84.50 while local search services provider Just Dial rose 5.32 percent to Rs 1

11.28 AM Mar 12th

gcp73

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Indian indices  

, 2014. The market lot of these securities shall be informed on March 12 through a separate circular," the NSE said in its release. At 09:32 hours IST, non-banking finance company L&T Finance Holdings was up 4.13 percent at Rs 84.50 while local search services provider Just Dial rose 5.32 percent to Rs 1

11.21 AM Mar 12th

vnshetty17

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is one of India’s leading non-banking finance companies providing Home Loans, Commercial Vehicle Loans, Loan Against Property and Secured SME Loans. It has been assigned ‘AA ’ rating and has presence in over 100 cities and towns with 180 branches & over 3,00,000 satisfied customers. Indiabulls Real

11.11 AM Mar 10th

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Oasis Securitie  

Source:VC Circle - Mumbai-based non-banking finance company Oasis Securities Ltd, is acquiring 49 per cent stake in Azure Capital Advisors Pvt Ltd, the investment manager for real estate-focused private equity fund India Realty Fund I, as per a stock market disclosure.

4.11 PM Feb 27th

aden_2013

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IFCI  

Indian non-banking finance company (NBFC) IFCI Ltd is eminently eligible to get the proposed new banking license from the Reserve Bank of India If you are compare 5 to 10 years data stock has reached 80 and 113 all time high in 2010 and 2007. Best buy NBFCs IFCI, IDFC huge upside awaiting

12.30 PM Feb 12th

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