Non-Banking Finance Companies (NBFCs) in India has witnessed an aggregate credit growth of 13.1% to Rs 31.5 lakh crore in H1FY23, according to CareEdge Ratings. The report said that there has been a shift in the segmental distribution of credit ...

Five Star Business Finance Limited is a non-banking finance company planning to raise Rs 1,960.01 crore through an initial public offering (IPO). The IPO comprises of only offer for sale of Rs 1,960.01 crore. The face value is set at ...

Gold loan-based Non-Banking Financial Companies (NBFCs) like Muthoot Finance, Manappuram Finance, etc. are witnessing slower growth in its gold loan franchise due to fierce competition from banks.Rating agency CARE in a report said that Gold Loan NBFCs reported an AUM ...

Rating agency CRISIL raised the credit outlook of Corporate India to “positive” from “cautiously optimistic” for FY22, on the back of a sustained recovery in demand. The agency said that the second wave had weighed on the country’s economy and ...