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.

Sensex and Nifty turned green after a weak start on October 18, with several sectoral indices that opened in the red recovering some ground. Banking and auto stocks led the way upward in the Nifty, ...

The non-bank lender's shares fell as much as 18% to 145.42 rupees, their lowest in 10 months, before paring some losses. The Reserve Bank of India (RBI) on Thursday barred four non-bank finance ...

Indian shares snapped a three-day losing streak on Friday as gains in Axis Bank lifted heavyweight financials, although ...

By Hritam Mukherjee (Reuters) -Indian shares snapped a three-day losing streak on Friday as gains in Axis Bank lifted ...