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IDFC Q1 net dips 46% to Rs 241 cr

Last Updated: Thursday, July 30, 2015, 13:09

Total income increased marginally to Rs 2,087.08 crore for the quarter ended June 30, from Rs 2,039.17 crore for the quarter ended June 30, 2014, IDFC said in a BSE filing.

Bajaj Finance Q1 net up 30% at Rs 276 crore

Last Updated: Wednesday, July 22, 2015, 13:48

The Pune-based company had reported net profit of Rs 211.36 crore in the corresponding period a year ago.

Cholamandalam to raise Rs 10,000 crore via NCDs

Last Updated: Wednesday, July 15, 2015, 22:01

In a filing to the BSE, the company said its shareholders would meet on July 31 to approve the fund raising plan.

Mudra Bank panel to meet today

Last Updated: Thursday, June 25, 2015, 08:51

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.

Sundaram Finance eyes tractor segment for wider play

Last Updated: Monday, June 1, 2015, 12:27

"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.

IIFCL net profit rises 47% to Rs 765 crore in FY15

Last Updated: Wednesday, May 13, 2015, 16:55

The state-owned infrastructure finance company had earned a net profit of Rs 521 crore on standalone basis in the previous fiscal.

L&T Infra Finance to raise Rs 300 cr via debentures

Last Updated: Monday, May 4, 2015, 19:01

L&T Infrastructure Finance Company Monday said it plans to raise Rs 300 crore through debentures.

IDFC to increase provisioning for exposures

Last Updated: Monday, May 4, 2015, 18:37

The power sector comprises 40 percent of IDFC's book, which decreased 8 percent in FY15 to Rs 54,745 Cr.

RBI tightens takeover rules for shadow banking

Last Updated: Monday, March 30, 2015, 23:07

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.

RBI proposes NBFCs to take its nod for takeover/acquisition

Last Updated: Monday, March 30, 2015, 21:50

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.

RBI wants non-bank finance companies to seek prior nod before any takeover

Last Updated: Monday, March 30, 2015, 20:54

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).

Sundaram Finance to buy out RSA's stake in Royal Sundaram Alliance

Last Updated: Wednesday, February 18, 2015, 15:16

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.