Jungle Ventures backs Infinity Fincorp, a Mumbai-based NBFC providing property-backed loans to MSMEs. Venture capital (VC) investments in the non-banking finance companies (NBFCs) surged in 2024 ...

Mumbai: The Reserve Bank of India (RBI) on Thursday retained Tata Sons --- the principal holding company of the Tata Group --- in its list of 15 upper-layer non-bank financiers for FY25, but said ...

For the first time in almost 20 years, Walmart has a new logo. The international retailer describes it as a “a comprehensive brand refresh,” but the online world hasn’t been quite so kind to ...

The NBFC’s gross non-performing assets (GNPA) rose to 1.12% in Q3FY25 from 0.95% a year earlier, while Net NPA rose to 0.48% from 0.37%. The provisioning coverage ratio on stage 3 assets stood ...

According to the draft rules, banks and NBFCs will no longer be able to freely share customer data with their subsidiaries. They will be required to obtain explicit consent from customers before ...

The report also noted that Asset Under Management (AUM) growth for NBFCs is expected to slow to 20 per cent in FY25, compared to 24 per cent in FY24. However, HFCs may see improved AUM growth ...

The Karnataka cabinet has approved an ordinance imposing non-bailable charges on microfinance and non-banking financial companies that engage in harsh loan recovery practices. This measure aims to ...

Walmart is giving its logo the first facelift in nearly two decades, rolling out a new identity that is a subtle nod to its past. The 61-year-old company unveiled Monday a refresh of its brand ...

Most regulations of the NBFCs for private placement of NCDs are similar to the HFCs. NBFCs' regulations for private placement of NCDs said that NBFCs shall put in place a Board-approved policy for ...

Here are some before and after pictures of the company's wordmark and logo. Need a break? Play the USA TODAY Daily Crossword Puzzle. Here's a look at how the new wordmark and logo will appear on ...

Goods and Services Tax (GST) will not be applicable on penal charges levied by banks and non-banking finance companies (NBFCs), the CBIC has said. The Central Board of Indirect Taxes and Customs ...

Walmart is refreshing its logo for the first time in nearly two decades, highlighting its evolution while also serving as a nod to its past, the big-box retailer announced Monday. The word mark on ...