non-banking financial company Archives

Shaktikanta Das said that many lenders were depending too much on the algorithms to make their decisions and there was a need to analyze data more carefully before making investment decisions

Banking

RBI Governor expresses concern over high dependence of NBFCs on bank...

PGurus Newsdesk - November 22, 2023 0

The prospects are at a new high in the country and this is the time to make it India’s moment, says RBI Governor Addressing the...

The searches are being carried out at the premises of Manappuram's promoter and businesses

Money Laundering

ED conducts raids at Manappuram Finance premises in Kerala on money...

PGurus Newsdesk - May 3, 2023 1

Manappuram Finance collected funds from the public without RBI’s approval On Wednesday the Enforcement Directorate (ED) is conducting raids at Kerala's Manappuram Finance in connection with...

The financial services arm of the Aditya Birla Group has expressed intent to pick up 51% stake of Reliance Capital in Reliance Nippon Life Insurance Company

Business

Aditya Birla Capital to buy 51% stake in debt-ridden Anil Ambani...

Team PGurus - October 14, 2022 2

Aditya Birla Capital joins the race to acquire life insurer Reliance Nippon Life Aditya Birla Capital Ltd has joined the race to pick up stake...

Kudos was lending money & acting like an NBFC without RBI permission

Banking

ED attaches Rs.72 crore fund of an Indian finance company in...

Team PGurus - January 12, 2022 0

Chinese instant loan app case: Kudos Finance & Investments accounts attached for illegal lending, money laundering The Enforcement Directorate (ED) has attached funds of over...