Mutual funds have contributed about two-fifths of incremental funding to non-banking financial companies (NBFCs) and housing finance companies (HFCs) in…
NBFC
Sensex jumps 400 points; banking, NBFC stocks rally
Mumbai: Indian markets today opened stronger after investors welcomed the quick appointment of new RBI governor, Shaktikanta Das, who is…
Shadow banking crisis is starting to hit India’s consumers
Karan Dua, an electronics shop owner in south-central Mumbai, placed his hope of crackling sales on Diwali — the Hindu…
What is in store for seven key sectors in the second half of FY19
Though the stock market continues to be jittery, corporate results for the second quarter are expected to be good. “Due…
Domestic gold price may rise up to 3% by diwali as rupee weakens
The domestic gold price is expected to rise by up to 3.15 per cent by Diwali due to weakness in…
Xiaomi Financial Services soon to float a NBFC in India
Xiaomi plans to foray into consumer finance and business-to-business lending by floating a non-banking financial company (NBFC), the Chinese smartphone…
NBFCs ready fireworks for big bang deals during festive season
Not just ecommerce companies, new-age non-banking financial companies (NBFCs), too, are looking to cash in on the festive season. These…
Amazon Invests $14 Mn In Food Retail
Amazon earlier committed $5 Bn to its Indian business and $500 Mn to amazon food retail business in India. Citi…