The Union Budget may double MUDRA Yojana limits, expand MSME credit guarantees, global sales support, and home loan tax exemptions. Ayushma...

Arka Fincap, part of the Kirloskar Group, announced a partnership with Central Bank of India to offer MSME loans. Under this co-lending arr...

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

Arka Fincap, a Kirloskar Group-owned NBFC, is shifting its focus towards MSME loans to reduce wholesale credit risk. They aim for MSME loan...

The NCDs, available in three tenures - 24 months, 36 months and 60 months - offer interest rates ranging from 9.29% to 9.99%. The company, ...

Khorakiwala-owned Humuza Consultants has pledged its entire 65.46% shares of Wockhardt with private lenders as of March 31, 2023, according...

Indian non-banking financial companies (NBFC) have raised around INR 100bn ($1.21bn) in the past five days from bond issues, double that of...

HCL Tech, HDFC Life, ACC, Nippon Life India AMC, Indian Bank, Alok Industries, City Union Bank and Supreme Petrochem will announce quarterl...

The plan entails “significant” investment in the group’s two consumer-facing businesses which are Arka Fincap, a non-bank financial company...

Non-bank lenders that are mandated to report the relevant credit information every quarter don’t have access to the data on their own custo...

A coordinated effort across taxes and levels of government is necessary to eliminate the tax gap, make the tax system more effective, equit...

Non-bank have also argued that NBFCs in the upper level be given greater flexibility on issues like deposit acceptance, raising of funds th...

Bengaluru-based Vijay Kirloskar sues his Pune nephews for allowing seven entities they control to use the trademarks ‘Kirloskar’ and ‘Kirlo...

Whether the loan relief succeeds or fails, one thing is certain: India’s $1.4 trillion credit machine will be in stall mode until next Marc...

Many nonbank lenders including Piramal Capital, Indiabulls Consumer Finance, IIFL Home Finance and Tata Motors Finance, have applied for lo...

The debt securities, known non-convertible debentures in market parlance will be up to three-year maturities. These papers will be listed o...

Romesh Sobti tried to ensure IndusInd Bank had a wider retail depositor base before he retired. But the current stress will test the bank a...