Searched for
ISLAMIC NBFC
First Sharia-based NBFC to open in Kerala after RBI nodOutgoing Governor Duvuuri Subbarao, who is retiring on September 4, had earlier said that Islamic banking was not possible in the country.- Kerala government gets Reserve Bank of India nod for Islamic bankingKerala govt has got a go-ahead from the Reserve Bank of India to launch a financial institution following the principles of Islamic finance.
- CFSL plan to raise funds for infrastructure projects, Startup venturesCheraman Financial Services today said it proposes to fund various infrastructure projects in Kerala and also handhold start up entrepreneu...
- Kerala based NBFC Alternative Investments and Credits Ltd drags RBI to court on license cancellationAlternative Investments and Credits Ltd or AICL, a ten year old Kochi based NBFC operating on "Islamic Finance principles has moved the Bom...
- Islamic NBFC Alternative Investments and Credits to move court against Reserve Bank of IndiaA director of the company told ET that the board is weighing legal options to obtain a stay on the regulator's decision to cancel the certi...
- Parsoli shuts broking unit to cut costs, to shift to advisory businessThe company will, from now on, confine to investment advisory, Zafar Sareshwala, managing director of Parsoli Corporation, told ET.
- Unrests across Arab nations play havoc in Keralites' livesAs the public uprising against Libyan leader Muammar Gaddafi escalates, Joseph and other Indian expatriates in Sirte are hoping for a mirac...
- Jasmine revolution leaves a bad odour in KeralaFor tens of thousands of Keralites across North Africa and the Middle East, the mood is similar to that in Sirte, as fresh uprisings in a n...
- Kerala NRIs bullish on Islamic NBFC for infraGulf-based NRIs are learnt to be willing to bring in well over Rs 10,000 crore for infrastructure projects in the state, on Shariah princip...
- Kerala High Court bench gives nod to Islamic bankingThe bench consisting of Chief Justice J Chelameswar and Justice PR Ramachandra Menon dismissed the petitions filed by Janata Party presiden...
- Kerala HC gives nod for Islamic banking conceptThe division bench of Kerala High Court dismissed writ petitions filed against govt sanction for starting a non-banking finance company by ...
- Finmin wants NBFCs to start Islamic bankingThe finance ministry is considering a new category of non-banking finance companies (NBFCs) that will offer Islamic banking products in Ind...
- Qatar's Qinvest to buy 25% in Ambit for Rs 250 croreInvestment bank to also invest $25 mn in Indian co's equity fund & help raise capital for Shariah-Compliant Scheme. D-St's Budget expectati...
- SBI, LIC plan Islamic productsThe country’s largest lender State Bank of India (SBI) and the largest insurance company Life Insurance Corporation (LIC) are looking to la...
- Kerala to set up first Islamic i-firmThe Kerala government, in partnership with a few private entrepreneurs, will set up India’s first government-controlled Islamic investment ...
- Kerala to set up first Islamic i-firmThe Kerala government, in partnership with a few private entrepreneurs, will set up India’s first government-controlled Islamic investment ...
- Taurus MF launches Taurus Ethical FundIntroducing a newer concept in Indian mutual fund industry, Taurus mutual fund on Wednesday launched its Taurus Ethical Fund.
- Protests force SBI to resume farm loansBowing to realpolitik, State Bank of India (SBI) on Wednesday withdrew the circular to stop fresh lending for tractor loans.
- ABN Amro rebuilds India M&A team after mass exodusAfter losing most of its Indian M&A team to rivals in recent months, ABN Amro is bringing in managers from its global business. Investor op...
- Banks turn to gilts, MFs in lean seasonBanks are parking a chunk of their funds in mutual fund schemes and govt securities, with loans to companies showing a decline. Investor op...
Load More- Kerala based NBFC Alternative Investments and Credits Ltd drags RBI to court on license cancellation
