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HDB Financial Services files draft documents for Rs 12,500 crore IPO – Times of India

NEW DELHI: HDB Financial Services, an HDFC Bank subsidiary, has submitted draft documentation to Sebi for raising Rs 12,500 crore through an...

NBFC stock up 66,926x to India’s most expensive | India News – Times of India

MUMBAI: Elcid Investments, a little-known city-based NBFC with very high earnings per share, has become the most expensive stock in India overnight,...

RBI bans Flipkart founder Sachin Bansal’s Navi, here’s what the bank’s statement reads – Times of India

The Reserve Bank of India (RBI) has banned four non-banking financial companies (NBFCs) to cease and desist from sanction and disbursal of...

ED slaps Rs 2,100 crore fine on NBFC for loan app with Chinese links | India News – Times of India

HYDERABAD: ED’s adjudicating authority has imposed a penalty of Rs 2,146 crore on PC Financial Services (PCFS), a non-banking financial company running...

FEMA violation: ED slaps ₹2.1K cr penalty on NBFC running loan app with Chinese links – Times of India

This is a representational image (Pic credit: AI) HYDERABAD: Enforcement Directorate’s adjudicating authority has imposed a penalty of ₹2,146 crore on PC Financial...

CCI clears JM Financial’s 43% stake buy in JM Fin Credit Solutions – Times of India

NEW DELHI: Fair trade regulator CCI on Tuesday cleared JM Financial's proposed acquisition of a 43 per cent stake in JM Financial...

RBI: Banks should bring similar business under one entity – Times of India

MUMBAI: Banks that have a large conglomerate structure will now have to consolidate similar activities under one entity, according to RBI's new...

NBFC sector to witness slowdown in Fiscal Year 25: ICRA – Times of India

MUMBAI: ICRA has projected a slowdown in the growth of NBFC assets under management. The ratings agency has predicted an increase of 13-15% in...

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