Abu Dhabi-based IHC on Friday announced a 41.2 % stake in Sammaan Capital for nearly $ 1 billion, and it is betting on the ...

Shares of Sammaan Capital fell by more than 4% on Friday after the company announced that Abu Dhabi-based Avenir Investment, ...

It has been proposed to introduce a principle-based framework for assigning risk weights to infrastructure loans given by ...

Banks and NBFCs differ primarily in regulation and deposits. Banks accept demand deposits and issue cheques; NBFCs offer specialized credit to underserved ...

Abu Dhabi's International Holding Company (IHC) will acquire a 41.2% stake in Sammaan Capital (formerly Indiabulls Housing) ...

The Reserve Bank of India (RBI) has recognised Finance Industry Development Council (FIDC) as a Self Regulatory Organisation (SRO) for the Non Banking Financial Companies (NBFCs) sector. “The ...

The coming years will see Non-banking Financial Companies (NBFCs) deepen financial inclusion and align with national priorities on sustainability and digitalisation ...

MobiKwik invests Rs 9.99 Cr in NBFC unit MFSPL to boost revenue amid BNPL ZIP decline and expand financial services.

Financial regulators - the Reserve Bank of India, Securities and Exchange Board of India, Insurance Regulatory and ...

PhysicsWallah's lending arm, Finz Finance, has received RBI approval to operate as a non-banking finance company (NBFC), enabling direct student lending.

RBI bulletin highlights growth prospects for NBFCs in vehicle loans and loans against gold, emphasizing their crucial role in ...

The Reserve Bank of India scrapped plans to bar banks from overlapping business lines with their NBFC subsidiaries, offering ...