Searched for
NON BANK LENDER
- Fairfax Financial likely to exit IIFL Finance, sources sayCanada's Fairfax Financial Holdings intends to divest its nearly 11% stake in IIFL Finance soon. The sale aims to raise funds for acquiring...
The great Indian money hunt: Why India's shadow banks are pulling in billions of dollarsBlackstone is negotiating a significant investment in IIFL Finance, indicating rising global interest in non-bank lenders. Recent deals inc...- Blackstone to invest Rs 5,000 crore in IIFL Finance for 16% stake as company raises Rs 6,414 croreIIFL Finance will raise Rs 6,414 crore through a capital infusion led by Blackstone, which will invest Rs 5,000 crore for an approximately ...
- Resolven mobilises USD 900 million financing this yearResolven has successfully mobilised USD 900 million in financing from 15 diverse lenders this year. The funds consist of USD 700 million in...
- PSBs integrate ESG parameters into companies' credit risk assessmentPublic sector banks are incorporating environment, social, and governance parameters into their credit risk assessment processes. Seven ban...
- Satya Micro Capital to sell its housing finance arm to address liquidity crunchSatya Micro Capital plans to sell its housing finance subsidiary for ₹150-200 crore to ease liquidity pressure and strengthen its financial...
- Indian rupee breaks six-day winning streak on state banks' dollar bidsThe Indian rupee snapped its six-session winning streak on Monday, November 9, as dollar purchases by state-run banks outweighed positive m...
- LIC expects limited impact from IRDAI's proposed commission cuts, cites lower expense ratioLife Insurance Corporation of India is bracing for new changes set forth by the Insurance Regulatory and Development Authority of India. As...
- Bond yields muddy the books as banks prepare for new accounting rulesWith a new accounting framework approaching in April 2027, Indian banks like Canara Bank and Central Bank of India are adjusting their tran...
- NBFCs eye rate hikes, higher fees to offset insurance income hitNon-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustm...
- Digital lenders clock 40-50% revenue growth as credit demand surgesDigital lender Kissht's revenue from operations rose 44.7% year-on-year to Rs 732 crore, while Moneyview reported 41% growth to Rs 1,120 cr...
- State Bank of India expands US footprint with new branch in TexasState Bank of India expanded its banking subsidiary footprint in the United States with the inauguration of a new branch of SBIC Bank in Fr...
- PSBs see up to Rs 30,000 crore in foreign inflows if investment cap raised to 49%Public sector banks have told the government that raising the foreign investment cap to 49% from 20% could attract passive foreign inflows ...
- NBFC credit to gold jewellery, consumer durables grows over 50 pc in Sep: RBI dataIn September 2026, non-banking finance companies' credit to gold jewellery and consumer durables surged significantly. Credit for gold jewe...
- India flags Chinese-linked AI tools in hacking campaign against financial firmsIndia's cybersecurity agency named the hacking group behind a wave of AI-driven attacks on financial firms and identified its tools, at lea...
- India cybercrime agency warns financial firms on AI attacks"These attacks are financially motivated and are being carried out with the help of Artificial Intelligence (AI) agents leading to machine ...
- Lenders accept Supreme Housing's Rs 522-crore settlement offerCanara Bank along with other lenders accepted a ₹522-crore one time settlement offer from Supreme Housing and Hospitality. This settlement ...
- Utkarsh Small Finance Bank reports sixth consecutive quarterly lossUtkarsh Small Finance Bank experienced a loss of Rs 70 crore in the second quarter, marking six consecutive quarters of decline. The lender...
- Rise in NPA is transitory, as borrowers take time to adjust to new rules, says Muthoot Finance MDMuthoot Finance has indicated an increase in bad loans linked to evolving lending regulations that are affecting borrowers. The company exp...
- RBI tightens cyber checks on lenders after spate of hacksIndia's banks are facing increased scrutiny from the Reserve Bank of India regarding rising cyberattacks and AI risks. Recent incidents inc...
Load More
