Non Banking Financial Companies (nbfc)

Currently, the company has an AUM of Rs 5,300 crore, out of which over Rs 2,000 crore is under MSME, Manish Shah told Moneycontrol.

RBI asks NBFCs to implement core financial services solution by September 2025

In a circular, Reserve Bank of India said it has been decided that NBFCs – Middle Layer and NBFCs – Upper Layer with 10 and more 'fixed point service delivery units' as on October 1, 2022 shall be mandatorily required to implement CFSS.

Get out of IT, pharma & get into NBFCs, retail lenders: Dipan Mehta

In an interview to CNBC-TV18, Dipan Mehta, Member BSE & NSE, spoke about his reading of the market and his outlook on a few stocks.

Nilesh Shah explains: Why SIP is the best investing tool

Even as financial market professionals keep themselves busy predicting -- often without success -- how stock prices will behave in the future, Nilesh Shah, MD of Kotak Mahindra Asset Management Company, says retail investors have a simpler recourse to investing: systematic investment plans.

Buy HDFC, Bajaj Finance, LIC Housing: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy HDFC, Bajaj Finance and LIC Housing Finance.

Paytm Associates with Aditya Birla Finance to Offer Easy Finance Options to Smaller Merchants

Paytm, India’s largest mobile commerce platform has entered into a partnership to assist small merchants on its platform. It has tied up with ...

Here are reasons for the meltdown in banks

Latha Venkatesh of CNBC-TV18 gives an analysis and reasons why banks saw a sell off.

Positive on telecom from medium to long-term: Motial AMC

Taher Badshah, Motilal Oswal AMC commenting on rural consumption theme on the back of Motilal Oswal Investor Conference, says auto firms and some of the non-banking financial companies (NBFC) suggest that there are certain interesting trends which are developing on the rural side.

See FY14 credit growth around 16-18%: Bank of Maharashtra

Since their bank's base is small the credit growth in percentage terms appears to be large. So, the credit growth for the bank will remain above industry but will moderate to 16-18 percent in FY14, says CVR Rajendran, ED, Bank of Maharashtra.

Q2 may not be dramatically different from Q1: Federal Bank

Drop in Q1 net profit was mainly due to provisions and because of slippage in couple of Corporate Debt Restructuring (CDR) accounts. The gold loan book also degrew, says Shyam Srinivasan, MD, Federal Bank.

India to see big flows from Japan, avoid PSU banks: Kotak

Sandeep Bhatia said the current flow of liquidity from the US will tend to slow down in the next two years although it will be in abundance in Europe and Japan; and India can enjoy some of the benevolence coming from Japan.