Non-banking financial companies (NBFCs) must find new funding sources to reduce their reliance on banks, according to a Reserve Bank of India (RBI) report. The report notes that while banks still...
Laxmi India Finance Limited has submitted its draft red herring prospectus to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). Based in Jaipur, Laxmi India...
Loan growth for Non-Banking Financial Companies (NBFCs) slowed to 6.5% in the first half of fiscal year 2025, according to the Reserve Bank of India's Financial Stability Report. This decline is...