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"nbfc"
Telangana police issue advisory on loan Apps
The police asked people not to download any loan-based application as most of them were exploitative
A welcome expansion of banking
Permitting large NBFCs to convert into banks is a well-thought move to increase the size and presence of banking system
Fund raising via bonds climbs 28 per cent
The funds were mopped up to strengthen balance sheets, retire existing debt and support working capital requirements
Gold loan NBFCs to witness 15-18% growth in FY21
With the Covid-19 pandemic-driven lockdowns being lifted slowly and economic activity clawing back, demand for gold loans would rise, especially from individuals meeting urgent personal requirements
Religare confident to recover money from LVB
Lakshmi Vilas Bank owes Rs 950 crore to Religare Finvest towards fixed deposit and interest
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