RBI on Friday says, new investors who operate from jurisdictions not in compliance with the FATF must hold less than 20% of the voting power in NBFCs

One can recharge FASTag account by making payment through cheque or online through Credit Card/ Debit Card/ NEFT/ RTGS or through Net Banking

The government is considering a merger of 15-year-old IIFCL, which is a government-backed non-banking finance company, into the new DFI

Market capitalisation of the lender rose to Rs 41,340.59 crore. The stock has touched a 52-week high of Rs 87.95 and a 52-week low of Rs 5.55

Magma Fincorp share has risen 107.1% in nine days. On January 29, the small cap stock stood at Rs 45.10 on BSE

Twitter starts blocking censored accounts after govt's diktat After much hesitation in following the government's diktat on blocking accounts spreading fake \"farmers genocide\" hashtags, and those sympathising with Pakistan and Khalistan, Twitter has finally started blocking accounts that are spreading inflammatory and divisive comments, say government officials. Adar Poonawala firm Rising Sun to buy 60% stake in Magma Fincorp for Rs 3,456 crore Adar Poonawalla-led firm Rising Star Hol...

Stock Market News Updates Today: RIL, Bajaj twins, Airtel were among the top gainers while, Nestle, TCS, Axis Bank, L&T traded as the top losers

As par the agreement, Magma Fincorp to allot 45.80 crores equity shares to Rising Sun Holdings and 3.57 crore shares to Sanjay Chamria and Mayank Poddar

On Wednesday, Magma Fincorp shares gained as much as 10 per cent to hit 52-week high of Rs 84.95 on Bombay Stock Exchange

RBI's database, reports and other evidence show India is credit surplus; large industrial houses have high debt stress, and that easy credit poses serious macro-financial risks to the economy

Market capitalisation of the lender fell to Rs 40,964.77 crore. The stock has touched a 52-week high of Rs 87.95 and a 52-week low of Rs 5.55. Share of the private lender, with Rs 2 face value has fallen 56% in one year

Stock Market News Updates Today: Tata Motors, L&T , Infosys, Airtel, SBI, ONGC, ITC, Nestle were among the top losers today while HUL, Titan, M&M, TCS, Bajaj Finance, HDFC traded among the top gainers.

Shares of IIFL Finance hit upper circuit limit of 10 per cent at Rs 222.50, also its 52-week high, on the BSE on Tuesday

The stock of private lender opened higher at Rs 17.10 against its previous close of Rs 17.05. The stock gained to day's high of Rs 17.15. Later, the stock erased gains and fell 1.7% to the intraday low of Rs 16.75

The central bank in December cautioned the public against unauthorised digital lending platforms/apps and appealed to them to verify the antecedents of the service provider, the Union Minister further stated

Stock Market News Updates Today: Sensex hit a record high of 51,753 and the Nifty hit a record high of 51,753 in early trade today. Both benchmark indices have gained over 11% in seven straight sessions

Indian state-run banks have so far managed to avert further pressure on their weak core capitalisation due to regulatory forbearance, limited risk underwriting and lower credit growth, says Fitch

The Union Cabinet will take a final call on the number of PSUs that will be allowed to operate, based on the recommendations by NITI Aayog.

YES Bank stock trades higher than 5, 20 and 100-day moving averages but lower than 50 and 200-day moving averages

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue