One NBFC official held in Tripura

CNBC-TV18's Aastha Maheshwari reports, quoting sources, that the excise department has started to probe securitisation transactions between banks and NBFCs.

The NBFC, engaged in wholesale secured structured financing, is promoted by investors such as Everstone Capital and Goldman Sachs. IndoStar Capital Finance, a non-banking financial company (NBFC) engaged in wholesale secured structured financing, ...

Magma Fincorp, a Kolkata-based non-banking finance company (NBFC), has set its sights on a 21 per cent growth in loan disbursals in 2013-14, according to its Vice-President Dhrubashish Bhattacharya. At a press conference here on Tuesday, he said the figure ...

Motor General Finance has not been doing any NBFC activities for quite some time, the Board of Directors have decided to voluntarily surrender Certificate of Registration to Reserve Bank of India which was being held in category

Speaking to CNBC-TV18 about its non banking financial company (NBFC) Religare Finvest, Group CEO Shachindra Nath said that the firm's average disbursement annualy is Rs 6,000 crore; out of which Rs 1,000 crore qualify as priority sector lending.

MD Hemant Kanoria distances NBFC from the reported revival of the troubled Austrian bank being attempted by his younger brother Sanjeev. Srei Infrastructure Finance has distanced itself from the recent acquisition of Hypo Alpe Adria Bank, a troubled Austrian ...

According to a recent RBI notification, there are a few points that investors should look into before making such deposits.

The Reserve Bank of India may issue only three our four new bank licenses and NBFCs will find it difficult to meet RBI guideline after the recent clarification by the regulator on new bank license norms.

*Experience of Process audit in retail lending in NBFC/ HFC/ Bank *Experience & knowledge of budget & costing control & variance analysis, accounting, deposit accounting & taxation. *Should be ready to travel branches for review & audit. ...