BFC

RBI's rate hike to increase EMIs; equity, forex markets give thumbs up 

In view of the deteriorating global situation and domestic inflation, the RBI has lowered its GDP growth projection for the current fiscal to 7 per cent from its earlier forecast of 7.2 per cent.

published on : 30th September 2022

GST officers detect Rs 824 crore tax evasion by insurance companies

The Director General of GST Intelligence (DGGI) has detected Rs 824-crore worth of input tax credit being illegally availed by 15 life and non-life insurance companies.

published on : 30th September 2022

Blinging the city with luxe and glam

We have more than 50 brands which includes clothes and jewels for wedding, office and casual wear.

published on : 6th September 2022

NBFC heist: Police say no excess gold found

Weight of sealed covers mistakenly added to gold’s, claim cops

published on : 20th August 2022

NBFC heist: 3.5 kg stolen gold found at cop’s house in Chennai

Acharapakkam inspector detained based on info given by accused

published on : 19th August 2022

NBFC heist: ‘Mastermind to be nabbed soon’

Two men were arrested on Sunday in connection with the Arumbakkam bank robbery case, Chennai city police commissioner Shankar Jiwal told media on Monday.

published on : 16th August 2022

NBFC heist: Two held, 18 kg gold recovered in Chennai  

The duo was nabbed when they were trying to flee the city in a car on Sunday night, sources said. Police officials could not be reached for comments.

published on : 15th August 2022

Rs 20 crore gold, cash stolen from NBFC in Chennai

Three armed robbers, including a staff, lock other employees inside toilet & loot locker

published on : 14th August 2022

Welcome regulation for digital lending

The RBI’s long-awaited regulatory framework for digital lenders offers much-needed clarity, complete with a grievance redressal mechanism and an Ombudsman scheme.

published on : 13th August 2022

Sebi imposes penalty of Rs 10 crore each on Singh brothers

Sebi has also imposed a penalty of Rs 5 crore each on two former officials of Religare Enterprises, and a clutch of other related entities of the Singh brothers.

published on : 29th July 2022

Kerala Blasters FC announce launch of senior women's team

Kerala Blasters' vision is to work towards the contribution of local players to the national squad.

published on : 26th July 2022

NBFCs should diversify risks across sectors: Former SBI chairman

Rajnish Kumar also said the NBFCs will have to maintain capital adequacy norms, introduce core banking solutions and make adequate disclosures by 2025.

published on : 25th June 2022

ICL FINCORP - A Towering Presence in NBFC Sector

A towering presence in NBFC sector Irinjalakuda - headquartered ICL FINCORP hardly needs an introduction.

published on : 18th June 2022

LIC ups stake in Hero MotoCorp, HUL and Capri Global Capital

LIC increased its stake in Capri Global Capital from 5.04 per cent to 7.06 per cent at an average cost of Rs 624.61 per share.

published on : 15th June 2022

Movie 'Samrat Prithviraj' caste neutral, glorifies Indian warrior: Film producers to Delhi HC

The advocate representing CBFC submitted that the film depicted the king as caste neutral and the certification was granted after watching the movie in its entirety.

published on : 1st June 2022

Banks can continue providing credit to NBFCs for on-lending to priority sectors: RBI 

These limits will be computed by averaging across four quarters of the financial year, to determine adherence to the prescribed cap, the circular said.

published on : 13th May 2022

Money Lenders Act not binding on all NBFCs: SC

The Kerala High Court asked banks to go soft on students seeking loan while the apex court was lenient towards a set of NBFCs

published on : 11th May 2022

CBFC asks makers of Bengali film to mute words 'Honu', Sitey'; sparks row

Shot way back in 2013, the film was held up for eight years due to financial constraints and distribution-related problems.

published on : 27th April 2022

Bajaj Finance posts record-high net profit in Q4

The company announced a dividend of Rs  20 per share. Consolidated results include those of wholly-owned subsidiaries Bajaj Housing Finance and BFinsec. 

published on : 27th April 2022
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