Tag: NBFC

BofA to pick 49.9% stake in Jio Credit

BofA will be become joint venture partner and its investment, including the equity shares and warrants (if fully subscribed), would be Rs 18,268 crore...

Unlocking Value

Over the years, the group has made sustained investments in building and nurturing its financial services business, which has evolved into an important part...

TVS Motor consolidates stake in TVS Credit

Post the acquisition, TVS Motor’s stake in TVS Credit increases to 85.15 per cent from 80.76 per cent, the company said in a stock...

Strong Structural Demand

What has changed after your re-branding? The transition to Muthoot Mcred Ltd (formerly Muthoottu Mini Financiers Ltd.) represents much more than a name change. It...

TVS Holdings flags challenges in moped demand

Accounting for just 2-4 per cent of two-wheeler sales, mopeds are primarily sold in South India, with TVS Motor Company Limited as the sole...

Godrej Capital to step up presence in TN

Addressing a press conference in Chennai, Manish Shah, MD and CEO, Godrej Capital, said that the company’s overall AUM stood at about Rs 27,500...

Muthoot Finance to enter insurance distribution

The gold loan non-banking finance company has sought nod from its shareholders to Alteration of Object clause of the Memorandum of Association of the...

Focus On South

Why is AU Small Finance Bank focusing on southern markets now, and what are the key products driving your growth here? We are building a...

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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...