NBFC

Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity Shares aggregating up to Rs 3,750 crore, with no Offer for Sale (OFS) component. Sembcorp proposes...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and infrastructure experts, along with key stakeholders from across India’s construction sector. The conference will focus...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across the globe. However, how much stake  Bodhi Tree will take was not disclosed. A2B has a...

SHF eyes opportunities in smaller towns

“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...

RBI clears MobiKwik Group’s NBFC application

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

RBI norms: Core Investment companies may face challenges

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

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

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...

Shriram Finance board clears allotment of shares to MUFG Bank

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

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

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,...

Investment firm IHC to become promoter of NBFC Sammaan Capital

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

TVS Holdings infuses Rs 526.79 crore into NBFC arm

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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Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across...

Retail inflation crosses 6% in October

“October's inflation print was less a surprise than a...

Brazil’s WEG to invest Rs 2,000 crore in Dharmapuri

The company had earlier evaluated multiple states and following...