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Finance - Leasing & Hire Purchase

BANK NIFTY 11,820.95 -150.10 (-1.25%)
A non-banking financial company (NBFC) is a company registered under the Companies Act, 1956 which is primarily engaged in the business activities like loans and advances, acquisition of shares/stock/bonds/debentures/securities issued by government or local authority or other securities of like marketable nature, leasing, hire-purchase, insurance business. I... more »

UPDATES

June 15 2013, 15:13

M&M to buy 13.5% stake in CIE Auto for € 96.24m

Mahindra & Mahindra (M&M) will purchase 51 lakh shares in Mahindra Sanyo Special Steel Private Limit...

June 04 2013, 11:59

Clear on RBI norms, need to modify structure: Shriram Group

June 03 2013, 21:28

Here's why Shriram group may stay away from banking biz

June 03 2013, 20:07

M&M Fin, L&T Fin more likely to get bank license: Espirito

May 30 2013, 09:50

Sundaram Finance to deepen presence in FY14, net up 15%

more »

ADVICE

June 05 2013, 08:46

Hold M&M Financial, advises Sharmila Joshi

Sharmila Joshi, head of equity at Peerless Securities says M&M Financial is a hold because of its core business structure and the kind of presence it has in northern India.

June 04 2013, 11:49

Buy Shriram Transport on breakout: Sukhani

May 27 2013, 14:31

Invest in SREI Infrastructure: Sudarshan Sukhani

May 27 2013, 12:25

Hold Shriram City; target of Rs 1214: AnandRathi

May 25 2013, 14:25

Accumulate Bajaj Finance; target of Rs 1600: KRChoksey

BUDGET

SECTOR NEWS

REACTIONS

The budget is one part of overall economic policymaking and the budget presented today is a certainly a step forward in the series of initiatives announced by the government in recent months.

Shinjini Kumar

Director | PwC India

It is true that the financial empowerment of women has multiplier effect on the well-being of families and therefore, of the economy. It may also be true that an \'all women\' bank will have significantly greater capacity to fast forward.

George Alexander

MD | Muthoot Fin

Overall the budget is good, though not an excellent one. Increased allocation for social sector as well as food security will benefit the poor in a big way.

K Subramanyam

AVP -Institutional Research | Asit C. Mehta

Farm loans at 4% has been extended to private banks which is negative.

K Subramanyam

AVP -Institutional Research | Asit C. Mehta

Deposits in banks have been showing a falling trend and major power restructuring plans are ahead like re-structuring of SEB short -term loans where banks will play a vital role. No announcement to encourage retail savings in banks was done.

Deepak Parekh

Chairman |  HDFC

The FM presented the Budget under global depressed conditions.

Mukesh Kumar

Head - Strategic Planning | HDFC ERGO General Insurance

Any move to increase insurance penetration is a positive move considering abysmally low penetration levels in the country. The move will also facilitate providing customer with multiple choices by the Banks, which hitherto could sell products for onl

Chanda Kochhar

MD & CEO | ICICI Bank

The fact that that the interest subvention has been extended to private sector banks is a good news because private sector banks have been given a level-playing field vis-a-vis the public sector banks.

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