Nbfc Sector News Today

Last month, M&M Finance deffered its Q4 results announcement from April 25, 2024 after it detected Rs 150-crore fraud at one of its branches in North East

Despite a stellar 4000% return in the last 10 years, the NBFC stock Bajaj Finance has been underperforming in recent times. Will its performance improve? Heres what technical and fundamental experts say.

Just a day after the biggest wealth creator from the NBFC space witnessed a sharp cut, it might appear that NBFC is not a right sector to look at. But go back to history and one would see that the time to look at a sector is when something which is perceived as negative. In the last three months, whether it is the consumer lending or housing finance segment, the RBI has been tightening the laws and regulations for provisioning. The question is why RBI is doing it and whether it will give a boost...

India Business News: MUMBAI: Bank loans to NBFCs touched nearly Rs 15 lakh crore in November - a growth of about 22% over the previous year - at a time when RBI placed cur.

RBI Governor Shaktikanta Das had said Wednesday that the increasing interconnectedness between banks and non-banks merits close attention.

IIFL Finance has given a return of 42.78 percent over the past six months against the benchmark Niftys 7.6 percent

The non-bank lender’s profit will be driven by strong net interest income growth and stable asset quality, said analysts

The central bank heads of India, Vietnam and Switzerland got an A+ grade

In an interview to HITESH VYAS, GEORGE MATHEW and SANDEEP SINGH, Manian says the current acceleration in inflation is due to transient items such as tomato and onion prices, and is unlikely to go out of hand.

The rating agency Icra expects unsecured loans to remain the key growth driver in the current fiscal too, , rating agency, icra, growth outlooks, Retail Loans, non-bank financial companies, NBFC Sector, housing finance companies