The FinTech Hub
Source: Business Standard 1 min read Last Updated : Sep 27 2024 | 5:51 AM IST Non-banking financial companies (NBFCs) in the middle-layer had the highest share of unsecured loans, at 27.3 per cent, followed by those in the upper layer at 24.3 per cent at end-December 2023, according to a paper in the Reserve…
Source: Business Standard 2 min read Last Updated : Sep 25 2024 | 7:15 PM IST Cumulatively, organised gold loans offered by banks and non-banking finance companies (NBFCs) are set to top Rs 10 trillion in the current financial year (FY25) and will potentially touch Rs 15 trillion by March 2027, rating agency ICRA…
Source: Business Standard 3 min read Last Updated : Sep 24 2024 | 8:28 PM IST Several non-banking financial companies (NBFCs) plan to raise over Rs 5,000 crore through bond issuances in the next one week. State-run lender Bank of India (BoI) also plans to raise up to Rs 2,500 crore via issuance of…
Source: Business Standard Illustration: AJAY MOHANTY 3 min read Last Updated : Sep 20 2024 | 9:02 PM IST Non-Banking Financial Companies (NBFCs) have diversified funding sources and reduced their borrowing from banks after the Reserve Bank of India (RBI) increased risk weights on bank borrowings, as per the September Bulletin. In November…
Source: Business Standard 4 min read Last Updated : Sep 17 2024 | 8:26 PM IST A host of non-banking finance companies tapped into the debt capital market this festive season to meet rising credit demand amid slowing bank funding. On Tuesday, Aptus Value Housing Finance raised Rs 300 crore at 8.75 per…
Source: Business Standard 2 min read Last Updated : Sep 13 2024 | 7:14 PM IST Moneyboxx Finance, a NBFC providing business loans to micro entrepreneurs, on Friday said it raised Rs 176 crore to support growth plans. In a filing to BSE, the company announced the allotment of equity shares and warrants…
Source: Live Mint Funding is one of the biggest requirements for most businesses to survive or sustain. Funding can come from equity, debt, or other sources. Many organisations rely on business loans for their various needs. Lenders consider several parameters to decide whether the business is eligible for a loan and what should be the…
Source: Business Standard The upcoming festival season, while expected to boost sales, could also worsen the inventory problem if dealers overstock in anticipation of increased demand | File image 3 min read Last Updated : Sep 08 2024 | 1:52 PM IST In a bid to mitigate the alarming build-up of unsold passenger vehicle…
