Mukesh Ambani's Jio Financial Services aims high with $20B entry, disrupting NBFC landscape
Mukesh Ambani's Jio Financial Services disrupts NBFCs with $20B entry.
Source: dnaindia.com
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jfsl demerger: With $20 billion weapon, Mukesh Ambani just disrupted NBFC hierarchy
Bajaj Finance now has a market cap of Rs 4.6 lakh crore. Upon listing on stock exchanges, JFSL will take over the No.2 slot ahead of Cholamandalam Investment and Finance which is presently the second-largest NBFC with an m-cap of Rs 96,000 crore.
Source: indiatimes.com
NBFCs: Why Viral Berawala is bullish on NBFC sector
So a couple of things. In March we really saw a meltdown in small caps for maybe tax reasons or people were too busy with insurance etc. but since the 28th March almost 9% or 10% of companies who have a market cap of more than Rs 500 crores are up 80%.
Source: indiatimes.com
RBI allows default loss guarantee arrangement between fintechs and banks, NBFCs
RBI, Reserve Bank of India, NBFC, NBFC sector, default loss guarantee, Business news, Indian express, Current Affairs
Bjatinder Handoo Digital Lenders Association Of India Blenders Association Reserve Bank Of India Nbfc Sector Default Loss Guarantee
Source: indianexpress.com
Loan-recovery agents or bullies? Inside the dark underbelly of Indian banking
The feared loan recovery agent is back‚ sending borrowers scurrying for cover. A BT investigation gives a ringside view of the dark underbelly of the consumer loan recovery business and the regulatory gaps that they exploit
Source: businesstoday.in
Education loan by NBFCs to grow 40% to around Rs 35,000 crore this fiscal: CRISIL
The education loans by NBFCs would grow moderately but still healthy as compared with the previous fiscal, the agency said.
Source: indianexpress.com
Get a gold loan of up to Rs 2 crore with Bajaj Finserv
Pune (Maharashtra) [India], March 27 (ANI/NewsVoir): Bajaj Finserv, through its subsidiary Bajaj Finance, offers instant loans against gold jewellery, starting from Rs 5,000 to Rs 2 crore.
Bajaj Finserv Bajaj Finance Ltd Bajaj Finserv Ltd Banking Financial Company Credit Company Bajaj Finance
Source: aninews.in
Budget 2022: Assocham pitches for refinance window for NBFC sector
Budget 2022: Assocham pitches for refinance window for NBFC sector
National Housing Bank Union Budget Parliamentary Standing Committee Insurance Act Nbfc Sector Budget 2022
Source: freepressjournal.in
Budget 2022: Assocham recommends permanent refinance window for NBFC sector
The industry body said that in the past few years the NBFC sector has witnessed a liquidity crunch in the market due to external factors.
National Housing Bank Union Budget Parliamentary Standing Committee Insurance Act Assocham News Budget 2022
Source: businesstoday.in
NBFC sector expected to remain buoyant as economy revives, says RBI report
The NBFC sector emerged stronger with reasonable balance sheet growth, increased credit intermediation, higher capital, lower delinquency ratio and enlarged liquidity cushions, the report said.
Reliance Capital Ltd Reserve Bank Factoring Regulation Act Big Data Srei Infrastructure Srei Equipment
Source: businesstoday.in