Indian shares opened lower on Monday despite positive cues from global markets. The benchmark S&P/BSE Sensex was down 290 points, ...
In the very first hour of the intraday trade on Monday, the company shares dropped by a significant 4.69 per cent or Rs 7.19. This took the overall value of the NBFCs shares to Rs 146.08. This is much ...
Market expert Nischal Maheshwari provides insights on IT, BFSI, NBFCs, and FMEG sectors. He emphasizes that IT stocks are a ...
Wipro posted a 6.2 per cent QoQ rise in its net profit to Rs 3,227 crore in Q2FY25, which is higher than the consensus ...
On Thursday, the RBI imposed business restrictions on four NBFCs — Asirvad Microfinance, Arohan Financial Services, DMI ...
Non-banking financial companies NBFCs which focus on gold loans are poised to gain from the dual tailwinds of rising gold prices and potential rate cuts in th ...
Manappuram Finance Ltd. shares drop 13.5% after RBI notice, impacting microfinance sector, but no financial impact reported.
RBI’s ban on Asirvad Micro Finance for high pricing has triggered downgrades for Manappuram Finance, causing a 15% drop in ...
According to the report, Asirvad contributes around 27 per cent to the consolidated assets under management (AUM) of ...
INDIA has increased its crackdown on lenders with errant practices, as regulators move to curtail risks in the shadow banking sector. Read more at The Business Times.