NBFC

No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended the Mines and Minerals (Development and Regulation) Act, 1957 (“MMDR”), to restrict the imposition of...

Grounding of Parandur plan: Will it hurt TN dream?

The proposed second airport project at Parandur was announced in August 2022. Since then, people in and around the village have been protesting and...

FM Sitharaman to visit Canada, US

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...

CCI clears MUFG Bank’s stake buy in Shriram Finance

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

Airtel bets big on NBFC arm

Airtel Money received its NBFC license from the Reserve Bank of India (RBI) on 13 February 2026. The NBFC platform has already achieved hyperscale adoption...

RBI nod not needed for MUFG stake buy in Shriram Finance

In December 2025, Japan’s MUFG Bank agreed to invest Rs 39,618 crore in Shriram Finance through preferential issuance of equity shares. This investment will...

Religare to demerge financial services, insurance businesses

Under the proposed scheme of arrangement, REL will retain its stake in Care Health Insurance Limited (CHIL) which will continue as an insurance-focused entity....

RBI okays Bain Capital stake buy in Manappuram

The RBI approval was communicated on 13 February 2026. The  final approval granted by the RBI is subject to other conditions specified by the RBI,...

Carlyle to invest in Edelweiss arm

Established in 2010, Nido is one of India’s leading housing finance companies, providing home loan solutions to customers across the affordable housing and mass-market...

PFC, REC to merge

“The vision for NBFCs for Viksit Bharat has been outlined with clear targets for credit disbursement and technology adoption. In order to achieve scale...

Sundaram Home Finance doubles Emerging Business Branch network

The Emerging Business segment focuses on affordable housing financing and small-ticket working capital loans. The company has doubled the network to 100 branches over the...

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No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended...

Grounding of Parandur plan: Will it hurt TN dream?

The proposed second airport project at Parandur was announced...

FM Sitharaman to visit Canada, US

During her visit to Toronto, Canada,  Sitharaman will participate in...

UPI completes 10 years

Annual transaction volume expanded from just 1.78 crore transactions...

TCS lands major deal from Porsche

The acquisition will strengthen TCS’ presence in the German...