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NBFC

No longer required to pay State levies: Dalmia Bharat

ieeditor -
The Act notified by the Central Government as amended the Mines and Minerals (Development and Regulation) Act, 1957 (“MMDR”), to restrict the imposition of...
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Grounding of Parandur plan: Will it hurt TN dream?

Veeraselvi Mathiazhagan -
The proposed second airport project at Parandur was announced in August 2022. Since then, people in and around the village have been protesting and...
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FM Sitharaman to visit Canada, US

ieeditor -
During her visit to Toronto, Canada,  Sitharaman will participate in the inaugural Economic and Financial Dialogue with H.E. Mr. François-Philippe Champagne, Minister of Finance and National Revenue...
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NBFC

SHF eyes opportunities in smaller towns

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“Our expansion into new Tier 4 and 5 towns will drive our growth in the emerging business segment in FY 2027,” he said. Sundaram Home...
NBFC

RBI clears MobiKwik Group’s NBFC application

ieeditor -
The NBFC license will enable the launch of a new lending division - MobiKwik Financial Services Private Limited (MFSPL, a wholly owned subsidiary), which...
RBI

RBI norms: Core Investment companies may face challenges

ieeditor -
The revised framework removes discretionary assessment and relies solely on a fixed Assets Under Management (AUM) threshold of over Rs 1 trillion for classification,...
NBFC

Aditya Birla Housing Finance gets Rs 2,750 crore from Advent

ieeditor -
Aditya Birla Capital will now own 85.5 per cent in Aditya Birla Housing Finance. In February, both parties have entered into an agreement for the...
NBFC

Shriram Finance board clears allotment of shares to MUFG Bank

ieeditor -
On 19 December, Shriram Finance Ltd., the flagship company of the Shriram Group, entered into an agreement with MUFG Bank for the latter to...
Explainer

Upper Layer NBFC: Here’s all you need to know?

Sanjay Vijayakumar -
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,...
NBFC

Investment firm IHC to become promoter of NBFC Sammaan Capital

ieeditor -
IHC, the most valuable listed holding company in the Middle East, through its affiliate, Avenir Investment RSC LTD will buy the stake via a...
NBFC

TVS Holdings infuses Rs 526.79 crore into NBFC arm

ieeditor -
Home Credit India Finance also offers add on products in the form of non-credit value-added services. It operates through the point of sales (POS)...
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No longer required to pay State levies: Dalmia Bharat

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