NBFC: News

08 Jan 2021


Kapil Sharma files complaint against car designer Dilip Chhabria

Comedian-actor Kapil Sharma filed a complaint against car designer Dilip Chhabria on Thursday for reportedly taking Rs. 5.7 crore from him and not delivering his vanity van against the payment.

24 Dec 2020


Harassed by loan sharks, debtors commit suicide, unearthing multi-crore scam

The unfortunate demise of three people in Telangana, allegedly due to harassment of loan sharks, led police to unearth a multi-crore scam.

04 Jun 2020


Samsung Galaxy A31 launched in India at Rs. 22,000

Expanding its line-up of mid-premium smartphones, tech giant Samsung has officially launched the Galaxy A31 in India. It arrives a successor to the Galaxy A30 which debuted in India in February last year.

20 Apr 2020


#LockdownRelaxation: Industries which will be operational from April 20

India entered the second phase of the coronavirus-enforced lockdown on April 15, after Prime Minister Narendra Modi announced the extension of the nationwide lockdown till May 3 to contain the spread of the deadly COVID-19.

17 Apr 2020

Narendra Modi

More services to be allowed after April 20: Details here

The Centre has revised the list of what will be allowed after April 20 in areas where the impact of coronavirus is the least. Non-banking finance corporations and micro-finance institutions will be allowed to resume.

RBI's 3-month EMI moratorium: All you need to know

Earlier in the day, the Reserve Bank of India (RBI) announced a few measures in view of the 21-day lockdown over coronavirus.

24 Feb 2020


Fintech start-up BharatPe secures $75 million in funding: Details here

BharatPe, a fintech start-up helping small Indian businesses and merchants go digital, has secured $75 million in a Series C round of funding.

03 Dec 2019


Xiaomi Mi Credit re-launched: How to apply for a loan

Xiaomi has re-launched its Mi Credit platform in India as an improved version of the service that first went live in May last year.

13 Oct 2019


#EconomicSlowdown: World Bank cuts India's growth rate projection to 6%

The country's "well-learned" union ministers may want you to believe that there is no economic slowdown whatsoever, but data points otherwise.

07 Oct 2019


Kogta Financial raises Rs. 300 crore in Series C round

Kogta Financial (India) Limited, a Jaipur-based non-banking financial company (NBFC), has raised Rs. 300 crore in Series C round of funding.

01 Jul 2019


Financial Bytes: Five reasons why filing income tax is beneficial

Filing income tax returns (ITRs) on time every year is very important and individuals having an annual income of Rs. 2.5 lakh or more have to file ITRs mandatorily.

06 Dec 2018


#FinancialBytes: Need cash urgently? These 5 companies provide instant loans

The Internet has revolutionized the way we live and almost everything we do, including borrowing money at the click of a button.

21 Nov 2018


#FinancialBytes: Need cash urgently? These 5 companies provide instant loans

The Internet has revolutionized the way we live and almost everything we do, including borrowing money at the click of a button.

19 Nov 2018

Narendra Modi

RBI board meeting: Key issues to be discussed

Amid tensions between the government and the Reserve Bank of India (RBI), the RBI, board, on Monday, started a meeting to try and work out its differences with the government pertaining to policy.

31 Oct 2018

Narendra Modi

RBI vs Modi government: All about the spat, Section 7

The ongoing spat between the Reserve Bank of India (RBI) and the Modi government is public knowledge by now.

Government would take measures to ensure liquidity in NBFCs: Jaitley

Seeking to calm the nerves of worried investors, Finance Minister Arun Jaitley said today government would take all measures to ensure adequate liquidity for non-banking financial companies (NBFCs) and mutual funds.

12 Sep 2018


Here's how you can get your Virtual Aadhaar ID (VID)

If you've been worried about the security of your Aadhaar data lately, here's a fix.

01 Jul 2018


Here's how you can generate your Aadhaar Virtual ID

The Aadhaar card's issuing body, Unique Identification Authority of India (UIDAI) has mandated the implementation of Aadhaar Virtual ID from July 1, 2018.

Finance Ministry issues list of 9,500 'high-risk' financial companies

As authorities probe the biggest banking fraud in Indian history, the Finance Ministry has released a list of nearly 9,500 'high-risk' non-banking financial companies (NBFCs).

SEBI allows REITs, InvITs to raise funds by issuing bonds

In order to woo more investors into the cash-strapped property sector, Securities and Exchange Board of India (SEBI) has relaxed its norms and will now allow real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), listed on national stock exchanges, to raise funds by issuing debt securities.

Reliance AIF to raise Rs. 1,000 crore debut fund

Reliance AIF, a unit of Reliance Nippon Life Asset Management, is raising its first credit fund of Rs. 1,000 crore called Reliance Yield Opportunity AIF Scheme 1, starting this March.

01 Jan 2017


PM Modi's New Year's Eve address evokes mixed reactions

Prime Minister Narendra Modi's much-awaited New Year's Eve address to the nation evoked mixed reactions.

29 Dec 2016


RBI provides loan repayment window of 90 days

After the central bank announced measures to increase the loan repayment window for borrowers to 60 days last month, the RBI has now announced that it will extend the window to 90 days.

02 Aug 2016


RBI issues new guidelines for on-tap bank licenses

The Reserve Bank of India (RBI) came up with new guidelines for on-tap bank licensing paving way for those who are interested in seeking licenses whenever required.