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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? Here's 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 to a higher and cleaner growth. By cleaner growth, a growth which is less volatile and less acciden...
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.