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 ...
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 ...