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
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