The announcement was made at the company’s 37th anniversary celebration, themed ‘Beyond 37 – Past, Present & Future’, in Chennai.
The company said the entry...
‘Sundaram 75’ strategic roadmap includes diversification into other secured products such as gold loans, accelerating used vehicle financing, increasing financing to micro, small and...
“The microfinance sector has turned a tough corner after a long spell of challenging times. As the market conditions improve, Spandana’s key indicators continued...
The NBFC license will enable the launch of a new lending division - MobiKwik Financial Services Private Limited (MFSPL, a wholly owned subsidiary), which...
The revised framework removes discretionary assessment and relies solely on a fixed Assets Under Management (AUM) threshold of over Rs 1 trillion for classification,...
What is a Non-Banking Financial Company (NBFC)?
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 or Companies Act, 2013,...
