IIFL Finance reports Q2FY25 consolidated net loss of Rs 93cr amid regulatory embargo challenges
IIFL Finance Limited, a major player in India's non-banking financial services sector, reported a consolidated net loss of Rs. 93 crores for Q2FY25. This significant ... Read More
CRISIL’s profits soar by 14% in Q3 2024—find out what’s behind the surge
CRISIL Limited, an S&P Global company, reported a 10.3% increase in income from operations for the third quarter of 2024. The financial results, announced on ... Read More
Akme Fintrade joins hands with MAS Financial Services to boost MSME lending
In a move set to transform the landscape of small business financing, Akme Fintrade (India) Limited has announced a strategic co-lending partnership with MAS Financial ... Read More
HDB Financial Services’ massive Rs 2,500cr IPO approved: Investors get ready for this big play!
HDB Financial Services Ltd, a non-banking financial arm of HDFC Bank, is poised to make waves in the Indian financial market with its upcoming initial ... Read More
Aditya Birla Capital’s explosive move: RBI’s green light sparks massive finance merger
In a major development, Aditya Birla Capital Limited (ABCL) announced that the Reserve Bank of India (RBI) has provided the crucial ‘no objection’ for its ... Read More
Bajaj Housing Finance IPO frenzy: Investors rush in as grey market predicts huge listing gains
The highly anticipated Bajaj Housing Finance Limited Initial Public Offering (IPO) opened today, September 9, 2024, creating waves in the market with expectations of substantial ... Read More
Mahindra Finance shakes up leadership with new appointments – What this means for the future of financial services
In a strategic move aimed at reinforcing its leadership team, Mahindra Finance, one of India's foremost non-banking financial companies, has announced two significant appointments. Bijoy ... Read More
Fairfax India offers liquidity support to IIFL Finance amidst RBI embargo
In a significant move to stabilize the financial markets, Fairfax India Holdings Corporation (Fairfax India; TSX: FIH.U), a seasoned investor in the financial services sector, ... Read More
Paytm ensures operational fluidity beyond March 2024 with strategic banking transition
In a significant announcement for the digital payments landscape in India, the Reserve Bank of India (RBI) has confirmed that Paytm's QR, Soundbox, and Card ... Read More
Indian Renewable Energy Agency expands internationally with new subsidiary in IFSC, GIFT City
In a significant development for India's renewable energy sector, the Indian Renewable Energy Development Agency Ltd. (IREDA) has received the nod from the Reserve Bank ... Read More