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  • Explained: Here's Why RBI Charged Bajaj Finance Rs 2.5 cr For Violating Recovery Norms | Know Your Rights Jan 09, 2021 10:42 AM IST

    Explained: Here's Why RBI Charged Bajaj Finance Rs 2.5 cr For Violating Recovery Norms | Know Your Rights

    The Reserve Bank of India has imposed a penalty of Rs 2.5 crore on Pune-based Bajaj Finance Limited. They have been charged for violating regulatory norms pertaining to recovery and collection methods from their borrowers. Watch the video to find out what are the rules that recovery agents, banks and NBFC should adhere to.

  • Podcast | Digging deeper: Everything you need to know about the IL&FS crisis Sep 25, 2018 07:04 PM IST

    Podcast | Digging deeper: Everything you need to know about the IL&FS crisis

    Questions are now being raised about the affordability of some of Prime Minister Narendra Modi’s infrastructure projects - these include awarding works of around 20,000 km of national highways and ring roads in 28 cities this fiscal. Investors are worried about leverage at other shadow banks, giving rise to increased volatility among financial stocks.

  • Capital First to raise Rs 700 cr through bonds Apr 05, 2017 03:14 PM IST

    Capital First to raise Rs 700 cr through bonds

    The board in its meeting held today "approved an issue of rated, listed, secured, redeemable, non-convertible debentures of Rs 500 crore plus green shoe option of Rs 200 crore on private placement basis", Capital First said in a regulatory filing to stock exchanges.

  • COMMENT: D-Mart IPO: Retail must wait till HNIs' leverage trade plays out Mar 08, 2017 10:36 AM IST

    COMMENT: D-Mart IPO: Retail must wait till HNIs' leverage trade plays out

    The IPO of Avenue Supermarts, which runs the D-Mart supermarket chain, is likely to see significant oversubscription. However, if the so-called GMP (grey market premium) is any indicator, the blockbuster listing might ensure healthy gains for HNIs if the oversubscription doesn‘t cross historic highs.

  • Altico Capital infuses Rs 180 cr in Sheth Corp Mar 03, 2017 03:18 PM IST

    Altico Capital infuses Rs 180 cr in Sheth Corp

    The money will be utilised predominantly for the construction of a residential project 'Project Zuri' in Thane.

  • Magma Fincorp to sell NPAs for Rs 600 crore Feb 27, 2017 03:20 PM IST

    Magma Fincorp to sell NPAs for Rs 600 crore

    The decision was taken by the Management Committee of the board of directors at a meeting held today, the company said in a regulatory filing.

  • Capital First to raise Rs 340 cr from Caladium Investment Nov 11, 2016 08:42 PM IST

    Capital First to raise Rs 340 cr from Caladium Investment

    Non-banking financial company Capital First today said it plans to raise Rs 340 crore through preferential issue.

  • Sharper than expected correction in the offing: Experts Aug 02, 2016 04:25 PM IST

    Sharper than expected correction in the offing: Experts

    The market has reached a high point from where it may tend to move down, says market expert, Anand Tandon. The positive effects of the goods and services tax may take around a year to come into effect, he says.

  • Shriram City Union Finance Q1 net up 23% to Rs 182 crore Jul 28, 2016 08:48 PM IST

    Shriram City Union Finance Q1 net up 23% to Rs 182 crore

    Shriram City Union Finance has reported a 23 per cent rise in its net profit at Rs 181.79 crore for the first quarter ended June 30, 2016.

  • Here are SP Tulsian's views on NBFC space Jun 06, 2016 06:21 PM IST

    Here are SP Tulsian's views on NBFC space

    In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, talks about the non-banking finance companies (NBFC) sector and Excel Crop Care's acquisition by Japanese conglomerate Sumitomo.

  • Altico Capital invests Rs 575 cr in 3 realty firms Apr 06, 2016 12:58 PM IST

    Altico Capital invests Rs 575 cr in 3 realty firms

    Altico entered into a multi-project financing arrangement with Marvel Developers, Pune. Additionally, it concluded its second transaction with Midcity group, a developer having brownfield projects focused on society redevelopments in prominent locations in Mumbai.

  • Svantantra Making Headway in the Differentiated Banking Space Mar 29, 2016 11:12 AM IST

    Svantantra Making Headway in the Differentiated Banking Space

    ICRA assigned an MFI rating of A- to Svatantra Microfin Private Limited (Svatantra) a next gen start-up Microfinance Institution, led by Ms. Ananya ...

  • Govt may permit 100% FDI in 25 more segments of NBFCs Mar 22, 2016 08:52 AM IST

    Govt may permit 100% FDI in 25 more segments of NBFCs

    The proposal, according to sources, is based on the announcement for allowing FDI in more categories of Non-Banking Financial Company (NBFCs) activities, made by Finance Minister Arun Jaitley in his Budget speech.

  • Mr. V George Antony, MD, UAE Exchange India Won Business Deepika Business Excellence Award 2016 Mar 15, 2016 05:10 PM IST

    Mr. V George Antony, MD, UAE Exchange India Won Business Deepika Business Excellence Award 2016

    Mr. V George Antony, MD, UAE Exchange, India  won the Business ...

  • Mr. V George Antony, MD, UAE Exchange India Won Business Deepika Business Excellence Award 2016 Mar 15, 2016 05:10 PM IST

    Mr. V George Antony, MD, UAE Exchange India Won Business Deepika Business Excellence Award 2016

    Mr. V George Antony, MD, UAE Exchange, India  won the Business ...

  • RBI floats draft framework for account aggregator NBFCs Mar 04, 2016 07:44 AM IST

    RBI floats draft framework for account aggregator NBFCs

    Only companies registered with the RBI as Non-Banking Financial Company (NBFC) AA will be able to undertake the business of an account aggregator, the draft said.

  • Mahindra Finance may launch mutual fund biz by April Feb 25, 2016 02:54 PM IST

    Mahindra Finance may launch mutual fund biz by April

    Talking about rural business of Mahindra Finance, he said, "Rural business is going through tough times in different parts of the country due to weak monsoon last year and hence, rural cashflows are under pressure and the growth is a little stretched."

  • Amazon India launches seller lending programme Feb 11, 2016 09:14 AM IST

    Amazon India launches seller lending programme

    The company has partnered with Capital First Limited, an independent Mumbai-based non-banking financial company (NBFC), for the lending programme, Amazon said in a statement.

  • Kinara Capital Closes a New Round of Investment by Michael & Susan Dell Foundation, Shriram City Union Finance Ltd. and Unitus Impact Livelihoods Fund Dec 03, 2015 06:24 PM IST

    Kinara Capital Closes a New Round of Investment by Michael & Susan Dell Foundation, Shriram City Union Finance Ltd. and Unitus Impact Livelihoods Fund

    Michael & Susan Dell Foundation and Unitus Impact Fund today announced an increase in their stake in Kinara Capital, in a new round of equity ...

  • Shriram City Union Q1 net up 15.6% at Rs 148 crore Jul 29, 2015 10:31 PM IST

    Shriram City Union Q1 net up 15.6% at Rs 148 crore

    Non-banking financial company Shriram City Union Finance on Wednesday reported a 15.6 percent rise in its net profit at Rs 148 crore in the quarter ended June, 2015, helped by higher interest income and reduction in expenses.

  • Religare Finvest to raise Rs 1,425 cr via NCDs May 15, 2015 08:55 AM IST

    Religare Finvest to raise Rs 1,425 cr via NCDs

    Non-banking finance company Religare Finvest Ltd (RFL) will launch the issue on May 18 and it can raise the amount in one or more tranches.

  • L&T Finance plans to raise about Rs 170 crore through NCDs May 08, 2015 07:39 PM IST

    L&T Finance plans to raise about Rs 170 crore through NCDs

    The company plans to raise Rs 170 crore through redeemable Non-Convertible Debentures, usage of which hasn't been revealed.

  • Did You Know: Mangalam Ind Fin has m-cap higher than SREI Infra May 08, 2015 03:49 PM IST

    Did You Know: Mangalam Ind Fin has m-cap higher than SREI Infra

    Mangalam Industrial Finance has never reported profit, has only one computer in asset, but has a market cap of Rs 2,731 crore, while SREI Infra's market cap stands at a lower Rs 1,975 crore.

  • Buy IDFC; L&T Fin's valuation, return ratio high: Kotak Feb 19, 2014 12:02 PM IST

    Buy IDFC; L&T Fin's valuation, return ratio high: Kotak

    Nischint Chawathe, NBFC Analyst, Kotak is betting on IDFC, which is trading below book. He says over the next three years even if the finance company gets converted into a bank and sees pressures on Return on equity (RoE), it would still be a good buy.

  • SREI plans to raise Rs 100cr via NCD issue, files DRHP Dec 13, 2013 05:14 PM IST

    SREI plans to raise Rs 100cr via NCD issue, files DRHP

    Non-Banking Financial Company SREI Infrastructure Finance has filed DRHP to raised Rs 100 crore throgh NCD issue.

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