NBFC Srestha Finvest has secured members' approval to raise funds via QIP and issue fully convertible equity warrants on preferential basis. Back in September, the company had split its shares in the ...

On an average, NBFCs offer 1-2% higher interest rates than banks. While top nationalised banks typically offer 5-6% per annum, and private banks go up to 6-6.50% per annum, some NBFCs like Bajaj ...

Edelweiss FY24 Annual Report Mint reported that as Edelweiss’ business gathered steam, regulatory hurdles emerged. In ...

The RBI recently took a firm stance by halting the loan disbursement activities of four entities cited above with effect from ...

Despite this contraction, banks and NBFC-MFIs remain dominant in the sector, holding a combined market share of 72 per cent.

Srestha Finvest held an extraordinary general meeting on November 8 to approve a special resolution for raising capital ...

TPG, a private equity firm, is creating a $2-3 billion green financing platform in India to support the country's transition ...

IRFC, the state-run non-deposit taking Non-Banking Finance Company (NBFC), had declared a dividend of ₹0.80 per share and the ...

The round will be led by new investors Avataar Venture Partners, Madison India Capital and Belgium investment fund Sofina ...

Northern Arc Capital, a recently listed NBFC, reported a 24% increase in consolidated net profit, reaching Rs 96 crore for Q2 ...

Annapurna secured a score of 76 out of 100, following Standard Microfinance Bank from Nigeria (Score 89) and CJSC Bank ‘Arvand’ from Tajikistan (Score 81).

Elcid Investments, a city-based NBFC, has become the most expensive stock in India, surpassing MRF. On Tuesday, Elcid's stock ...