The RBI's directive to halt operations of four non-bank lenders, due to concerns about loan pricing practices, will significantly impact mi...

CVC and EQT were the final contenders after Bain Capital decided to take a backseat. ET had been first to report on July 28 that EQT, CVC a...

On April 29, the banking regulator directed all lenders to charge interest from the date of actual disbursement of the funds to the custome...

Shriram Finance could witness an inflow of up to $250 million from the passive funds if included in India's biggest index. Domestic and glo...

While the finer details on Mukesh Ambani's gameplan in the financial services sector is yet to be made public, Jio Financial has plans to f...

In a recent investor meet, the management guided for the lending AUM or asset under management to double to Rs 1.2-1.3 lakh crore, with a 7...

In March, the operating profile of several borrowers deteriorated, diminishing their ability to generate surplus cash flows. Commercial veh...

Ghosh visited a Durga Puja in the locality of Abhijit Sarkar, a BJP worker who was killed in Beleghata area of Kolkata on May 2, and said t...

Given the budget’s accent on boosting infrastructure, the bets are on lenders that will play key roles in bankrolling them. HDFC Bank and I...

Finance Minister Nirmala Sitharaman announced setting up an asset reconstruction company (ARC) and an asset management company (AMC) – pote...

NBFCs such as Mahindra Finance, HDFC, Can Fin Homes, Repco Home Finance, Shriram Transport, Indiabulls Housing and Sundaram Finance, and a ...

Many termed the immediate aftermath of IL&FS as India's Lehman moment. No doubt India's NBFCs had in 2019 their worst year in a decade amid...

Between September 2018 and 2019, banks have lent Rs 1.9 lakh crore to the non-bank sector.

At the peak of the digital boom in 2015, ventures like Flipkart, Zomato and Snapdeal reportedly hired over 30 CXO-level executives from Sil...