NBFC

Rupee Is Stable With Positive Momentum Supported By FPI Inflows

As the fed rate cuts have increased the liquidity in the Indian markets, the Indian rupee will get support against the dollar and will trade around Rs 83.57, highlighted a research report by the Union Bank of India. The report highlighted that the rupee is expected to trade in the...

Shriram Finance To Raise $1 Billion From Overseas In Next 6 Months

Non-Banking Financial Company (NBFC) Shriram Finance aims to raise $1 billion (approximately ₹8,300 crore) from international sources over the next six months to support its business expansion. The company plans to secure $300 million in the coming weeks, potentially by October, with an additional $500-700 million anticipated later in the...

Education Loans to Remain Fastest-Growing Segment for NBFCs: Crisil

Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education, said Crisil Ratings. Their assets under management (AUM) is expected to grow at a healthy clip of 40-45 per cent to cross...

Fixed Deposit Schemes for Senior Citizens: Compare the Top Rates

For senior citizens in India, financial security and a steady stream of income are paramount concerns. Fixed Deposit (FD) schemes offered by banks and Non-banking Financial Institutions (NBFCs) have traditionally been a favoured investment option due to their low risk and guaranteed returns. These schemes allow senior citizens to invest...