Tag: NBFC

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...

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...

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

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