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Finance - Term Lending Institutions

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

October 31 2014, 17:06

PFC Q2 net profit rises to Rs 1408.6 cr

The company’s total income also jumped 18 percent at Rs 6,304.7 crore versus Rs 5,333.5 crore, Y-o...

ADVICE

October 31 2014, 16:45

Will de-merger of IDFC into bank lead to big re-rating?

Currently IDFC is trading at 1.3 times the adjusted book but most of the private banks are trading more than two times the adjusted book. So, one is that once it gets converted into the bank, from 1.3 it will warrant a re-rating back closer to 2, says Dilip Bhat.

October 31 2014, 15:53

Hold IDFC, says Vishal Malkan

October 31 2014, 15:27

REC may test Rs 310-320: Kunal Bothra

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