Sammaan Capital shares jump 4% after IHC becomes promoter with Rs 5,652 cr initial investmentSammaan Capital is set to transform into a diversified NBFC following a significant Rs 5,652 crore transaction with Abu Dhabi-based IHC. IH...
01 Apr, 2026, 09.24 AM IST
Sammaan Capital becomes IHC Group company, receives Rs 5,652 cr in first tranche of stake saleSammaan Capital has officially become an International Holding Company group firm after receiving Rs 5,652 crore in the first tranche of a ...
31 Mar, 2026, 04.18 PM IST
Gold loan NBFC Indel Money looks to strengthen presence in western, central IndiaIn FY23, Indel Money witnessed an unprecedented over 250 percent growth in disbursement compared to that of FY22. The company disbursed loa...
08 Jun, 2023, 03.47 PM IST
Indel Money in talks to divest 15% stake and raise Rs 400 croreThe NBFC is aiming to double its gold loan portfolio by 2022-23 from that of 2020-21, banking on sustained economic recovery, subsequent gr...
09 Mar, 2022, 04.29 PM IST
Muthoot Finance plunges 7% after Chairman MG George Muthoot diesMuthoot was largely credited for making Muthoot Finance a pan-India company, and the largest gold loan NBFC.
08 Mar, 2021, 11.46 AM IST
SLCM's NBFC arm Kissandhan raises Rs 29 cr via NCDsThe debentures were subscribed by AAV Sarl, an affiliate of global impact investment company Symbiotics Group. .
24 Dec, 2018, 01.56 PM IST
Warburg Pincus invests Rs 520 crore in Fusion MicrofinancePE major Warburg Pincus is in talks to acquire a significant minority stake in a Fusion Microfinance in a deal estimated at $80-100 million...
04 Dec, 2018, 04.37 PM IST
- Sumesh Mishra of Sunteck Realty to join APAC Financial as Head of Real Estate lending
In the current situation of capital crunch and balance sheets of public banks getting stretched, NBFC's are seeing an opportunity in this s...
14 Jul, 2018, 03.09 PM IST
Electronica Finance Ltd posts 61% growth in profitThe company also reportedly announced the exit of its Chief Executive Officer, Sanjiv Roy, in its recent filings at the Stock Exchange.
08 Nov, 2017, 11.52 AM IST
Avendus to announce first close of Rs 500-crore debt fund August-endCEO Sandeep Thapliyal said the fund will help Avendus evaluate potential deals, which otherwise, may have been difficult to target.
04 Aug, 2017, 09.45 AM IST
Essel Finance's NBFC arm to buy Intec's Rs 272 crore portfolioIntec Capital is currently engaged in the business of providing loans for acquisition of machinery, loans against collateral and loans for ...
18 Jul, 2017, 04.53 PM IST
Niyogin Fintech to raise Rs 235 croreNiyogin Fintech is a new age technology led NBFC which is engaged in loan disbursement and investments. The current promoters had acquired ...
02 Jun, 2017, 10.08 PM IST
Insurance businesses may help HFCs unlock value for investors: Deven Choksey, K R Choksey Securities"It appears that we should remain in 8250 to 8750 kind of a range for Nifty for at least some more time until more factors emerge."
17 Jul, 2015, 11.48 AM IST
- Mahindra Finance says not applying for bank licence
Mahindras said they will not be applying for a bank licence citing "disadvantageous" and unclear norms.
24 Jun, 2013, 05.42 PM IST
- Jain Irrigation & partners to invest Rs 100 crore in new NBFC
Jain Irrigation Systems along with other partners will invest Rs 100 crore to roll out a new NBFC soon for providing loans to farmers, a to...
09 Jul, 2012, 02.58 PM IST
- Jain Irrigation to launch NBFC
Jain Irrigation announced that it has obtained regulatory approval from RBI to launch a NBFC. The scrip responded positively to this announ...
06 Jul, 2012, 01.23 PM IST
- NBFC Magma Fincorp eyes 25% growth in disbursements
Non-banking financial company (NBFC) Magma Fincorp is targeting disbursements of Rs 5,500 crore in the current fiscal, up 25 per cent from ...
12 Sep, 2010, 11.09 AM IST