RBI cancels registration of four non-banking financial companies

Apr 05, 2024

Those companies are Uttar Pradesh-based Kundles Motor Finance Private Limited, Tamil Nadu-based Nithya Finance Limited, Punjab-based Bhatia Hire Purchase Pvt Ltd, and Himachal Pradeesh-based...

RBI imposes penalties on three housing finance companies for non-compliance with directions

Sep 07, 2024

The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies for non-compliance with directions of RBI on housing finance companies.

Mortgage loans by NBFCs, AHFCs to grow at 17-19% and 20-22% over next three years: ICRA

Jul 30, 2025

ICRA forecasts a significant expansion in retail mortgage-backed loans provided by non-banking financial companies (NBFCs) and housing finance companies (HFCs).

Covid-19 disruptions exacerbate credit quality deterioration for India Inc: Moody's

Sep 11, 2020

Singapore, Sep 11 : The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 22 rated Indian non-financial companies will fall by 24...

Negative credit trends for A-Pac non-financial companies to continue: Moody's

Jul 17, 2020

Hong Kong, July 17 : Moody's Investors Service said on Friday it expects negative credit trends for Asia Pacific non-financial companies to continue through...

Indian banks, NBFCs to see resilient credit growth in FY27 on steady demand, strong balance sheets: ICRA

Oct 27, 2026

Credit growth across Indian banks and non-banking financial companies (NBFCs) is expected to remain resilient in the current financial year, supported by steady retail...