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Does yoga belong to Hinduism? The debate is on

Is it a Hindu thing? Is it a 'mongrel' tradition? Is it merely exercise? Arthur J Pais explores the debate that has America in a knot One of the first things Connecticut-born, Florida-raised Dr......

Proposed RBI norms to hit NBFC's profits: ICRA

The proposed guidelines by the Reserve Bank for the non-banking finance companies (NBFCs) are likely to impact the profitability of these entities by 15-20 basis points (0.15-0.20 per ent) in......

NBFCs to see spike in bad loans

After banks, it is now the turn of non-banking finance companies (NBFC) to see a spike in loan defaults and provisioning for non-performing assets ( NPAs ). The persistent economic weakness has......

ICICI, Citi, BoB to form NBFC to fund core sector

In a first of its kind alliance, three lenders have joined hands to form a non-banking finance company (NBFC) to support infrastructure development in the country. The largest private sector......

Barclays Finance set to close most NBFC branches in India

Barclays Finance, the non-banking finance arm of Barclays Corporate in India, plans to close the majority of its branches here, as part of the lender's plan to scale down retail operations in the......

All you need to know about NBFC home loans

Videsh Adani was in a fix. He wanted a home loan urgently to establish his SOHO (Small office Home office). He intended to ship custom made toys for children based on online requests from parents......
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ICRA assigns 'AA-' rating to Magma Fincorp's NCD programme

Credit rating agency, ICRA has assigned 'AA-' rating with 'Positive' outlook to the Rs 350 crore Non Convertible Debentures (NCD) programme of... ...

http://www.indian-commodity.com/corporate/icra-assigns-aa-rating-to-magma-fincorp-s-ncd-programme.aspx
NBFCs can refer to spot price on bourses for gold loans

The Reserve Bank of India on Thursday said Non-Banking Finance Companies (NBFCs) can use the historical spot gold price data, publicly disseminated... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/nbfcs-can-refer-to-spot-price-on-bourses-for-gold-loans/article7232121.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Rajiv Lall

Rajiv Lall IDFC will do a soft-launch of its bank in June ahead of starting full-fledged operations in early-October. Rajiv Lall , chairman of... ...

http://wap.business-standard.com/article/finance/idfc-bank-will-generate-significant-profit-from-day-one-rajiv-lall-115052101075_1.html
Micro-lender VFS eyes 48% growth in loan book this fiscal

Kolkata-based micro-finance institution, Village Financial Services (VFS), is looking at an over 48 per cent growth in its loan book, to ₹200... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/microlender-vfs-eyes-48-growth-in-loan-book-this-fiscal/article7228089.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Bajaj Finance Q4 net up 27%

Bajaj Finance has reported 27 per cent growth in fourth quarter net profit. 'The Pune-based NBFC's net profit stood at ₹231 crore in the... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/bajaj-finance-q4-net-up-27/article7228092.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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