NBFC retail credit to grow up to 22% in 2016-17: Icra Retail loan disbursements by non-bank lenders will grow by 19-22 per cent this fiscal, with the housing finance segment alone needing up to Rs 286 billion in capital over the next three years, domestic ratings agency Icra said today. Retail credit growth accelerated to … Read More →
In the course of recent months, shares of non-banking financial companies have been on a joyride despite the fact that the bad-loan issue has dragged banking stocks down. NBFC stocks have even bested stocks of private banks, which had been until now financial specialists’ top picks. Some NBFC shares have surged 60-80% in the present … Read More →
IPO investors open to invest in sectors like dairy firms, micro-finance and healthcare Gone are the days when traditional industries such as construction and engineering used to dominate the primary market to raise funds. These days, sectors like dairy firms , micro-finance, healthcare and staffing services are crowding the initial public offering (IPO) space. Investment … Read More →
Quitas Holdings, which has got a license for small finance bank, is expected to hit the capital markets in the first half of April to raise an estimated Rs 2,000 crore through an initial public offering (IPO). This could be the first small finance bank license holder to list on stock exchanges. Another microfinance lender … Read More →