L&T Infra Finance to raise up to Rs 60 crore via bonds
L&T Infrastructure Finance Company said it will raise up to Rs 60 crore by issuing bonds on private placement basis.
May 10, 2016, 19:47 PM IST
SMEs raise Rs 290 crore through IPOs in 2015-16
Riding on upbeat market sentiment, as many as 44 small and medium enterprises (SMEs) got listed on capital markets with initial public offerings worth Rs 290 crore in the past fiscal.
Apr 05, 2016, 15:41 PM IST
Bajaj Finance Q1 net up 30% at Rs 276 crore
The Pune-based company had reported net profit of Rs 211.36 crore in the corresponding period a year ago.
Jul 22, 2015, 13:48 PM IST
Mudra Bank panel to meet today
Mammen said Mudra Bank has already received a non-banking finance company (NBFC) licence from the Reserve Bank of India (RBI) and is registered under the Companies Act.
Jun 25, 2015, 08:51 AM IST
Sundaram Finance eyes tractor segment for wider play
"There is enough headroom to grow the two new business segments of tractor and construction equipment financing," said T T Srinivasaraghavan, Managing Director, Sundaram Finance.
Jun 01, 2015, 12:27 PM IST
RBI tightens takeover rules for shadow banking
The Reserve Bank of India plans tougher rules for takeovers involving non-banking financial companies (NBFCs), according to a draft guideline published on Monday, outlining a demand that all substantial deals seek its prior approval.
Mar 30, 2015, 23:07 PM IST
RBI proposes NBFCs to take its nod for takeover/acquisition
The Reserve Bank on Monday proposed that non-banking financial companies would have to take prior approval from the regulator for takeover or acquisition of such firms.
Mar 30, 2015, 21:50 PM IST
RBI wants non-bank finance companies to seek prior nod before any takeover
The Reserve Bank of India proposed in draft guidelines published on Monday that prior written permission be obtained from the central bank for any takeover of a non-banking finance company (NBFC).
Mar 30, 2015, 20:54 PM IST
Sundaram Finance to buy out RSA's stake in Royal Sundaram Alliance
City-based Sundaram Finance Ltd will acquire 26 percent stake held by Britain`s RSA Group in Royal Sundaram Alliance Insurance for Rs.450 crore, the company said Wednesday.
Feb 18, 2015, 15:16 PM IST
