India's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...

PFC shares surged over 5% to hit a fresh 52-week high amid expectations of rising power demand due to increasing temperatures. The stock ha...

Digital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...

The government is considering issuing preference shares or fresh equity to keep its stake above 51 percent in the Power Finance Corporation...

As per the RBI guidelines, an ‘upper-layer’ NBFC must list within three years of being notified. On September 14, 2023, the Reserve Bank of...

“On cost of funds the level of impact depends on the extent to which the borrowings are replaced by term deposits,” said Pranav Gundlapalle...

The option was proposed by some of the participants at the roadshows who were of the view that an all-cash offer for the bank would work ou...

The Reserve Bank of India (RBI) has, over the past few years, been bringing the regulatory framework of banks and that of non-banks into cl...

Interest rates are more favourable today than in earlier years. Banks have an option to invest in priority sector lending certificates, to ...

Almost a year after its attempt to take over Lakshmi Vilas Bank failed, non-banking finance company Clix Capital is in discussions with Sur...

The Chennai-based bank has been evaluating the merger option as it needs to augment long-term capital.

Capital First's Vaidyanathan is giving away 10.61% of his shares to former colleagues, drivers and house helps.

The board also approved raising of up to Rs 750 crore through issue of securities in one or more tranches.

"I guess the new RBI norms will result in a more liberal interpretation of the space. Banks and NBFCs will now be more open to look at a ho...

Previously, only deposit-taking non-bank finance companies required central bank approval for a takeover or merger, the RBI said.

Three microfinance firms which had proposed a merger at the time of their debt recast talks with banks in August have now called off the pl...

The promised consolidation of non-banking finance companies (NBFCs) may hint at an interesting possibility: a merger of HDFC with HDFC Bank.