nbfc
Latest from nbfc
15 arrested in Noida for extorting ₹310 crore from thousands across India
Fifteen arrested in Noida for extorting ₹310 crore via fake loan apps, linked to a gang in China and Indonesia, say police.

HDB Financial Services ₹12,500 cr IPO: Parent HDFC to sell ₹10k cr shares in OFS
HDB Financial Services, a subsidiary of HDFC Bank will go for a ₹12,500 crore IPO amid RBI mandate for ‘upper layer’ NBFCs to get listed

RBI may act against more NBFCs due to obscure lending practices: Morgan Stanley
The RBI sought action against four NBFCs, asking them to cease and desist from making new loan sanctions and disbursements

Jio Financial Services gets RBI nod to become core investment company
Jio Financial Services submitted an application to the RBI in November 2023 to convert its status from an NBFC to a Core Investment Company.

Manappuram Finance lodges complaint against manager who exchanged gold with fake jewellery
Manappuram Finance has filed a case against its Ghatkopar branch manager for replacing pawned gold with imitation jewellery; suspect believed to have left the city.
