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Top News In Nbfc Guidelines Today - Breaking & Trending Today

MC Pro Quick Take | Bajaj Finance is resilient but growing borrower leverage needs a look

The growth in new loan acquisitions has always outstripped that of new customer acquisitions, implying that a large chunk of new loans is given to existing borrowers. In the October-December quarter, 61 percent of the new loans went to existing customers ....

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LegalPay: Litigation funding firm LegalPay launches credit line for small business owners to settle legal disputes

The firm plans to disburse about Rs 200 crore in 2024 through its own non-banking finance company (NBFC) Padmalaya Finserve and other partner NBFCs. ....

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Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from Dutch bank FMO

With this infusion, Ecofy plans to grow its loan book, diversify its product base and eventually improve its own credit rating, the company said in a release on Wednesday. An improved credit rating helps lenders access debt at cheaper rates. ....

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IOB posts 30% rise in net profit - Times of India

India Business News: CHENNAI: Indian Overseas Bank (IOB) reported a net profit of Rs 723 crore in the quarter ended December 31, 2023, an increase by 30. ....

Tamil Nadu , Ajay Kumar Srivastava , Indian Overseas Bank , Kumar Srivastava , Business News ,

Vivifi India Finance bags $75 million in Series B funding

Hyderabad-based Fintech NBFC, Vivifi India Finance, has successfully secured $75 million in a Series B funding round, combining debt and equity. The capital infusion, backed by a leading player in Speciality/Alternative Finance in the USA, is expected to fuel Vivifi s mission of revolutionizing financial inclusion through technology-driven credit solutions. ....

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