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'Nbfc' - 28 Video Result(s)

'Nbfc' - 174 News Result(s)

  • Gruh Finance Q4 Net Profit Jumps 65%

    Gruh Finance Q4 Net Profit Jumps 65%

    Gruh Finance, a subsidiary of HDFC, has declared a dividend of Rs 2 per share.

  • RBI Proposes Tough Outsourcing Norms for NBFCs

    RBI Proposes Tough Outsourcing Norms for NBFCs

    Further, NBFCs should not outsource core management functions including internal audit, compliance function and decision-making functions like determining compliance with KYC norms for opening deposit accounts.

  • Large NBFCs to Maintain 50% LTV Ratio for Loan Against Shares

    Large NBFCs to Maintain 50% LTV Ratio for Loan Against Shares

    RBI further said only Group 1 securities would be accepted as collateral for loans of value more than Rs 5 lakh, "is applicable only where the lending is done for investment in the capital market".

  • Reserve Bank Wants NBFCs to Seek Prior Nod Before Takeover

    Reserve Bank Wants NBFCs to Seek Prior Nod Before Takeover

    The Reserve Bank of India (RBI) proposed in draft guidelines published on Monday that prior written permission be obtained from the apex bank for any takeover of a non-banking finance company (NBFC).

  • Capital First Raises Rs 300 Crore via QIP Route

    Capital First Raises Rs 300 Crore via QIP Route

    Non-banking financial company (NBFC) Capital First announced on Tuesday that it has raised Rs 300 crore through its first qualified institutional placement (QIP) issue.

  • Banks, NBFCs Need RBI, Sebi Nod to Act as Investment Advisers

    Banks, NBFCs Need RBI, Sebi Nod to Act as Investment Advisers

    An investment adviser provides advice related to dealings in securities or investment products.

  • RBI Eases Some Restrictions on Shadow Bank Lending

    RBI Eases Some Restrictions on Shadow Bank Lending

    India's shadow banks, known as non-banking financial firms (NBFCs), are widespread and include housing finance companies and consumer finance firms that lend small sums to individuals.

  • KKR Partners GIC to Set Up India Real Estate Lending Company

    KKR Partners GIC to Set Up India Real Estate Lending Company

    This will be KKR's second non-banking finance company in India, it said in a statement.

  • Career Point Surges 20% on RBI's NBFC Nod

    Career Point Surges 20% on RBI's NBFC Nod

    The company plans to infuse Rs 10 crore in January-March quarter and by 2015-16, it expects Srajan Capital's loan portfolio at close to Rs 50 crore.

  • NBFCs Gain; RBI Rules on Expected Lines

    NBFCs Gain; RBI Rules on Expected Lines

    The Reserve Bank of India on Monday has imposed stricter norms for NBFCs, bringing them at par with banks. The central bank has increased the minimum capital requirements and has also reduced the number of days to recognise a loan as bad debt. The ne...

  • NBFCs, Hindalco Industries, Apollo Tyres in Focus Today

    NBFCs, Hindalco Industries, Apollo Tyres in Focus Today

    The Nifty opened marginally higher on Tuesday as indicated by futures trade on Singapore Stock Exchange. Foreign investors continued to remain net buyers of Indian equities on Monday as they have bought shares worth Rs 355 crore in cash market. Howev...

  • Edelweiss Financial September-quarter Net Profit Jumps to Rs 79 Crore

    Edelweiss Financial September-quarter Net Profit Jumps to Rs 79 Crore

    Total income of the city-based diversified financial services company, which is into NBFC, insurance, stock broking and ARC rose 57 per cent to Rs 915 crore, company chairman Rashesh Shah said in a statement.

  • NBFCs Fall on Worries about Bad Loan Norms

    NBFCs Fall on Worries about Bad Loan Norms

    RBI on Tuesday said changes in the NBFC regulatory framework to be introduced by end of this month.

  • Muthoot Finance Picks Up 30 Per Cent Stake in Lankan NBFC

    Muthoot Finance Picks Up 30 Per Cent Stake in Lankan NBFC

    Facing growth headwinds following regulatory tightening, pure-play gold financier Muthoot Finance on Monday announced branching out to Sri Lanka by acquiring a 30 per cent stake in Asia Asset Finance for $2.1 million (Rs 12.6 crore at 1 dollar = 60 r...

  • RBI Issues Norms on Lending Against Shares by NBFCs

    RBI Issues Norms on Lending Against Shares by NBFCs

    According to the new RBI norms, NBFCs have to maintain an loan-to-value (LTV) ratio of 50 per cent and accept only Group 1 securities as collateral for loans of value more than Rs 5 lakh.

  • India Infoline Finance Appoints Rajashree Nambiar as CEO

    India Infoline Finance Appoints Rajashree Nambiar as CEO

    India Infoline Finance (IIFL), a non-banking finance company (NBFC) subsidiary of India Infoline, on Monday said it has appointed Rajashree Nambiar as its chief executive officer.

  • NBFCs' Bad Loans Up at 1.9 Per Cent in FY14: Icra

    NBFCs' Bad Loans Up at 1.9 Per Cent in FY14: Icra

    Domestic rating agency Icra today said retail-focussed non-bank lenders have witnessed a surge in asset quality issues during the fiscal ended March and the troubles are likely to continue in FY15 as well.

  • NBFCs Rise After RBI Nod For Banking Correspondent

    NBFCs Rise After RBI Nod For Banking Correspondent

    This move will help banks to increase their reach in remote areas where it is not cost effective to set up a branch.

  • Edelweiss Financial Unit to Raise Funds via Non-Convertible Debentures

    Edelweiss Financial Unit to Raise Funds via Non-Convertible Debentures

    ECL Finance Ltd, the NBFC (non-banking financial company) arm of Edelweiss Financial Services, on Thursday announced a public issue of unsecured redeemable non-convertible debentures (NCDs) of face value of Rs 1,000 each, aggregating to Rs 200 crore.

  • Piramal Acquires 10% Stake in Shriram City for Rs 790 Crore

    Piramal Acquires 10% Stake in Shriram City for Rs 790 Crore

    The Mumbai-based firm has acquired 65,79,840 equity shares of Shriram City Union Finance Ltd, the retail focused non-banking financial company (NBFC) of the Shriram Group, Piramal Enterprises said in a statement today.

  • RBI Tightens Merger Rules for Non-Bank Finance Firms

    RBI Tightens Merger Rules for Non-Bank Finance Firms

    The Reserve Bank of India (RBI) on Monday tightened merger rules for non-bank finance companies, requiring them to obtain central bank permission to acquire or merge with any similar entity.

  • Not bullish on IDFC, L&T Finance: Espirito Santo

    Not bullish on IDFC, L&T Finance: Espirito Santo

    Many investors have been buying NBFCs on hopes that once the announcement is made, these stocks may turn out to be multi-baggers. However, Santosh Singh of Espirito Santo says fundamentals of some of the licence hopefuls do not justify the current st...

  • Sensex continues record run, Nifty ends above 6750

    Sensex continues record run, Nifty ends above 6750

    The BSE Sensex and the broader Nifty opened at record highs for a 8th straight day.

  • RBI norms on loans not to hit MFIs profitability: Icra

    RBI norms on loans not to hit MFIs profitability: Icra

    The Reserve Bank's guidelines related to classification of bank loans to Non-Bank Finance Company- Micro Finance Institutions (NBFC-MFIs) under priority sector are unlikely to have a major impact on micro-finance institutions' profitability, rating a...

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