Asirvad Microfinance Limited, microfinance subsidiary company of Manappuram Finance Limited has achieved a significant milestone of reaching Rs. 3,000 crore micro-finance Assets under Management (AUM). As per the statement of Managing Director,... Read more »
ECL Finance Ltd (ECLF), the NBFC arm of Edelweiss Group has announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 1,000 each, aggregating to Rs.... Read more »
Shriram Transport Finance Company Ltd (STFC), India’s largest asset financing NBFC which has an AUM of Rs. 1 Lakh crore and undoubted leader in commercial vehicle finance, received a stupendous response to... Read more »
The recent rains and floods ravaged all the 14 districts of Kerala with damage most severe in 7 districts – Alappuzha, Ernakulam, Idukki, Kottayam, Pathanamthitta, Thrissur and Wayanad – which the state... Read more »
Securitisation transactions doubled to Rs 31,500 crore on-year in the first quarter (Q1FY19) as deals backed by loan receivables that do not qualify for priority sector (non-PSL) rocketed following clarity on the applicability... Read more »
The Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC), at the end of its review meeting on Tuesday, raised policy rates by 25 basis points (bps). The move comes close on the... Read more »