Tag: NBFCs
FIIs withdraw Rs 46,000 crore from financial stocks in 2024. Is RBI the deal-breaker?
Amid Reserve Bank of India (RBI) Governor Shaktikanta Das’ crackdown on a number of listed banks, NBFCs and fintechs in recent months, foreign institutional investors [Read more about this post…]
paytm share price: Paytm shares plummet 5%, hit all-time low as lending partners invoke loan guarantees
Shares of Paytm plummeted 5% to hit its all-time low of Rs 317.4 in Wednesday’s trade as Aditya Birla Finance, one of the key lending [Read more about this post…]
RBI’s credit card curbs are a classic case of ‘prevention is better than cure’
The Indian economy has been doing well, with three consecutive quarters of 8%-plus growth so far in FY24. During this period, the banking sector’s credit [Read more about this post…]
Poonawalla Fincorp: NBFCs record strong growth led by retail loans
Non-banking finance companies (NBFCs) have continued their strong growth numbers in the third quarter led by retail loans while Poonawalla Fincorp recorded its highest-ever disbursement [Read more about this post…]