Articles about NBFC

Kapil Sharma files complaint against car designer Dilip Chhabria

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.

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

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.

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

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.

#LockdownRelaxation: Industries which will be operational from April 20

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.

More services to be allowed after April 20: Details here

17 Apr 2020

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

27 Mar 2020

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.

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

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.

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

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.

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

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.

Kogta Financial raises Rs. 300 crore in Series C round

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.

Financial Bytes: Five reasons why filing income tax is beneficial

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.

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

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.

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

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.

RBI board meeting: Key issues to be discussed

19 Nov 2018

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.

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

31 Oct 2018

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

24 Sep 2018

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.

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

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.

Here's how you can generate your Aadhaar Virtual ID

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

26 Feb 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

20 Sep 2017

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

24 Feb 2017

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.

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

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.

RBI provides loan repayment window of 90 days

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.

RBI issues new guidelines for on-tap bank licenses

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.