Bank, NBFC Stocks Drop As RBI Tightens Rules For Personal Loans

[ad_1] Here’s what market experts and analysts have to say about this move: Aditya Shah, JST Investments This means that RBI is now saying that unsecured loans are even more…

Axis Bank well capitalised with self-sustaining capital structure to fund growth: MD Amitabh Chaudhry – Times of India

[ad_1] NEW DELHI: Axis Bank is well capitalised with a self-sustaining capital structure for funding organic growth, its managing director and CEO Amitabh Chaudhry has said.He said the bank expects…

Elets 15th NBFC100 Tech Summit, Mumbai | NBFC Conference India | NBFC Summit 2023 | NBFC Tech Summit

[ad_1] Elets 15th NBFC100 Tech Summit, Mumbai | NBFC Conference India | NBFC Summit 2023 | NBFC Tech Summit | Non Banking Finance Events …

Jio Financial Services Q2 profit doubles QoQ to ₹668 crore; revenue rises 48%

[ad_1] Ahead of Q2 results, Jio Financial stock ended 0.27% higher at ₹224.85 per share, while the market capitalisation rose to ₹1.42 lakh crore. Early today, the stock opened marginally higher at ₹225 against…

Jio Financial shares edge higher ahead of Q2 results

[ad_1] Shares of Jio Financial Services (JFS), the demerged entity of Reliance Industries, remain in focus today as the company is slated to release its first-ever quarterly results since listing. The non-banking financial…

Jio Financial’s promise of the future

[ad_1] The Mukesh Ambani-led Reliance Group likes to do everything big, from announcement to business scale. In the past 15 years, its diversification from energy has seen it take this…

Muthoot’s quest for life beyond gold

[ad_1] Ernakulam: Two decades ago, the leadership team of Muthoot Finance Ltd was asked to convene for an urgent meeting in Kochi, Kerala. M.G. George Muthoot, the company’s chairman back…

The death of a defaulter

[ad_1] The chairman and a few senior executives of a non-banking financial company (NBFC) moved the Bombay High Court last week, seeking to quash a first information report (FIR) registered…

SBFC Finance IPO: Promising deal to consider

[ad_1] If affordable housing was the buzzword for initial public offerings (IPOs) during the pandemic, the current flavour is SME lending or financiers focused on lending to small businesses. SBFC…

Banks to start reporting on new CIMS: RBI Governor

[ad_1] News Business Banking and Finance Banks to start reporting on new CIMS: RBI Governor “The new system (CIMS) is starting with reporting by scheduled commercial banks and will be…