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Non-banking finance company
Non-banking finance company News
L&T Infrastructure Finance Company
10 May 2016
L&T Infra Finance to raise up to Rs 60 crore via bonds
L&T Infrastructure Finance Company said it will raise up to Rs 60 crore by issuing bonds on private placement basis.
Small and medium enterprises
05 Apr 2016
SMEs raise Rs 290 crore through IPOs in 2015-16
Riding on upbeat market sentiment, as many as 44 small and medium enterprises (SMEs) got listed on capital markets with initial public offerings worth Rs 290 crore in the past fiscal.
Bajaj Finance
22 Jul 2015
Bajaj Finance Q1 net up 30% at Rs 276 crore
The Pune-based company had reported net profit of Rs 211.36 crore in the corresponding period a year ago.
MUDRA Bank
25 Jun 2015
Mudra Bank panel to meet today
Mammen said Mudra Bank has already received a non-banking finance company (NBFC) licence from the Reserve Bank of India (RBI) and is registered under the Companies Act.
Sundaram Finance
01 Jun 2015
Sundaram Finance eyes tractor segment for wider play
"There is enough headroom to grow the two new business segments of tractor and construction equipment financing," said T T Srinivasaraghavan, Managing Director, Sundaram Finance.
Reserve Bank of India
30 Mar 2015
RBI tightens takeover rules for shadow banking
The Reserve Bank of India plans tougher rules for takeovers involving non-banking financial companies (NBFCs), according to a draft guideline published on Monday, outlining a demand that all substantial deals seek its prior approval.
Reserve Bank of India
30 Mar 2015
RBI proposes NBFCs to take its nod for takeover/acquisition
The Reserve Bank on Monday proposed that non-banking financial companies would have to take prior approval from the regulator for takeover or acquisition of such firms.
Reserve Bank of India
30 Mar 2015
RBI wants non-bank finance companies to seek prior nod before any takeover
The Reserve Bank of India proposed in draft guidelines published on Monday that prior written permission be obtained from the central bank for any takeover of a non-banking finance company (NBFC).
Sundaram Finance
18 Feb 2015
Sundaram Finance to buy out RSA's stake in Royal Sundaram Alliance
City-based Sundaram Finance Ltd will acquire 26 percent stake held by Britain`s RSA Group in Royal Sundaram Alliance Insurance for Rs.450 crore, the company said Wednesday.
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