Jan 09, 2021 10:42 AM IST
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.
- Aug 02, 2016 04:25 PM IST
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.
- Jun 06, 2016 06:21 PM IST
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.
- May 08, 2015 03:49 PM IST
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.
- Feb 19, 2014 12:02 PM IST
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.
- Aug 06, 2012 12:37 PM IST
The Reserve Bank of India has relaxed guidelines for all non-banking financial company-micro finance institutions (NBFC-MFIs). In an interview to CNBC-TV18, Ramesh Ramanathan, chairman of Janalakshmi Financial Services analyses the new guidelines.