Tag: Non-Banking Financial Company
Posted in Business
HDB Financial Services to float ₹12,500 crore IPO, parent HDFC Bank to sell ₹10,000 crore worth of its shares in OFS
HDB Financial Services (HDBFS) Ltd which is a subsidiary of HDFC Bank, India’s largest private sector lender, is planning to raise ₹12,500 crore with an…
Posted in Startups
Groww Creditserv: Groww Creditserv’s loan book grows to Rs 965 crore by June
Stock broking unicorn Groww’s non-banking financial company (NBFC) arm Groww Creditserv Technologies (GCS) saw its proprietary loan book expand to around Rs 965 crore as…
Posted in Business
Tata Sons repays ₹20,000 crore debt to avoid mandatory listing
Aug 26, 2024 10:44 AM IST Tata Sons surrendered its RBI registration after repaying over ₹20,000 crore in debt to remain unlisted. This allows it…
Posted in Economy
RBI tightens norms for P2P lending platforms
The Reserve Bank on Friday tightened norms for Non-Banking Financial Company – Peer to Peer Lending Platforms (NBFC-P2P Lending Platform) to improve transparency and compliance….