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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.

The 15 arrested accused. (HT Photo)
Updated on Jan 11, 2025 05:34 AM IST

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

HDB Financial Services (HDBFS) Ltd which is a subsidiary of HDFC Bank, India’s largest private sector lender, is planning to raise <span class='webrupee'>₹</span>12,500 crore with an initial public offering (IPO)
Published on Oct 20, 2024 02:58 PM IST

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

 A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India.(Reuters)
Published on Oct 18, 2024 02:35 PM IST
ANI |

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.

People stand next to a logo of Jio Financial Services.(Reuters)
Updated on Jul 12, 2024 09:01 AM IST

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.

HT Image
Updated on Nov 29, 2023 07:04 AM IST
ByVinay Dalvi
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