nbfc

Gold loan market poised for major expansion; NBFCs plan 3k new branches as demand jumps

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India’s gold loan market is poised for significant expansion as non-bank lenders plan to open approximately 3,000 new branches. This surge is driven by increasing ...

IPO frenzy: NBFC with Rs 31 crore mcap bids for Rs 749 crore LG shares

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A Tiny Fish Hooks a Whale? The Curious Case of the LG Chem IPO Imagine a David and Goliath scenario, but instead of slingshots, we’re ...

FIDC to oversee NBFCs as ‘self-regulatory body’

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The Reserve Bank of India has officially designated the Finance Industry Development Council (FIDC) as the self-regulatory organisation (SRO) for Non-Banking Financial Companies (NBFCs). This ...