Advik Capital is a non-banking financial company (NBFC) registered with the Reserve Bank of India. It primarily focuses on providing financial loans and ancillary services. The company's ...

The NBFC’s gross non-performing assets (GNPA) rose to 1.12% in Q3FY25 from 0.95% a year earlier, while Net NPA rose to 0.48% from 0.37%. The provisioning coverage ratio on stage 3 assets stood ...

Most regulations of the NBFCs for private placement of NCDs are similar to the HFCs. NBFCs' regulations for private placement of NCDs said that NBFCs shall put in place a Board-approved policy for ...

While stocks of banks, housing finance companies and NBFCs haven’t reacted positively to these measures yet, it is gathered that with risk aversion marginally increasing towards housing sector ...

Gold loan NBFCs seek priority sector status and inclusion in UPI-based credit systems in the upcoming Union Budget to drive financial inclusion and better serve small borrowers. They also call for ...

New Delhi [India], January 31 (ANI): The Ministry of Finance on Friday stated that a full-day conclave for Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) will be held on ...

No GST on penal charges: The government has clarified that no bank, NBFC, regulated entities (REs) can charge Goods and Services Tax (GST) on penal charges on loans. Penal charges are payments in the ...

Beyond logos, create business cards, social media kits, favicons, and more. Download high-resolution PNG, JPEG, and vector files, and get brand guidelines for fonts and colors. Make unlimited changes ...

New Delhi, Jan 29 (KNN) In a significant move for both borrowers and financial institutions, the Ministry of Finance clarified on Tuesday that penal charges imposed by banks and non-banking financial ...

UN Women Regional Director for Asia and the Pacific, Christine Arab, concluded a four-day visit to Papua New Guinea (PNG), reaffirming the organization’s commitment to supporting the Government of PNG ...