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Paytm join hands with Clix Finance to offer instant, short term...

Paytm has tied up with digital non-banking financial company (NBFC) Clix Finance in order to start giving instant digital loans to customer and merchants through...

Fintech startup Recko secures $1 million from Prime Venture Partners

Recko, a Bengaluru-based, reconciliation fintech startup has got an overall investment of $1 million from early stage fund Prime Venture Partners, cited yourstory. The startup...

Retail payments platform Pine Labs set to launch new mobile-based PoS...

Pine Labs, based out of Delhi-NCR, is, reportedly, planning to launch its new mobile centric PoS (point of sale) product for merchants, cited Inc42....

FIIs praise PM Modi’s triumph, ask him to focus on economic...

The FIIs (Foreign Institutional Investors) applauded Prime Minister Narendra Modi led-BJP's (Bharatiya Janata Party) clean sweep in the Lok Sabha elections 2019 and said...
Tata Sons

Tata Sons set to borrow $2 billion from overseas market to...

After getting hit by a debt of around Rs 10,650 crores ($1.5 billion), the principal investment holding company of Tata Group, Tata Sons plans...

Real estate companies witness 50.7% growth during April-December 2018, negating effects...

Despite the negative impact of Real Estate Regulatory Authority (RERA) act and Goods and Services (GST) Act the real estate business has mushroomed. Top...

Penalties for violating norms skyrocketed, since inception of Enforcement Department By...

Since the inception of a separate Enforcement department to regulate the violation in banking norms by various banks, Central Bank's punitive against against the...

Breather for Anil Ambani’s Reliance as lenders agree for not selling...

Anil Ambani led Reliance Group has reached to an agreement with majority of its lenders for not selling its pledged shares until September 30....
Anil Ambani

Anil Ambani led Reliance Group may seek legal recourse against L&T...

Anil Ambani led Reliance Group companies on Sunday threatened few NBFC's including L&T finance and Edelweiss Group for the alleged, ''motivated and Illegal" move...
RBI

RBI eases lending for NBFC, reduces the risk weight for lending

The Reserve Bank of India issued new guidelines for keeping risk weights on bank lending to well-rated NBFC ( Non Banking Finance Companies). The...