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  1. Ontario Teachers' invests Rs 1,230 crore in Cogta Financial

    Ontario Teachers' invests Rs 1,230 crore in Cogta Financial

    Mumbai: Ontario Teachers' Pension Plan Board on Wednesday announced an investment of Rs 1,230 crore in Cogta Financial for a significant minority stake in the non-bank lender.Investment in a non-bank finance company (NBFC) specializing in vehicle and small business finance is a combination of...
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    • Category: Business & Economy
  2. Northern Arc Capital raises US$75M debt from Dutch lender FMO

    Northern Arc Capital raises US$75M debt from Dutch lender FMO

    Mumbai: Non-bank lender Northern Arc Capital on Tuesday announced it has raised a loan of US$75 million (about Rs 620 crore) from Dutch entrepreneurship development bank FMO.The money has been raised by issuing senior secured, listed non-convertible debentures (NCDs), according to a statement...
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    • announced capital debentures economic growth lender listed loan million non-bank northern raised statement tuesday us$75
    • Category: Business & Economy
  3. Piramal Finance's retail assets under management cross Rs 50,000 crore

    Piramal Finance's retail assets under management cross Rs 50,000 crore

    Mumbai: Non-bank lender Piramal Finance on Tuesday said its retail assets under management have crossed Rs 50,000 crore.According to a statement, retail loans have grown by 132 per cent since March 2022 and more than two-thirds of the loans involve affordable housing.,Door Regional Rural...
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    • according activities award door financial lender loans management million non-bank regional retail rural services tuesday
    • Category: Business & Economy
  4. Bank of America appoints Rahul Bajoria as head of India, ASEAN economic research

    Bank of America appoints Rahul Bajoria as head of India, ASEAN economic research

    Mumbai, Rahul Bajoria has been appointed head of India and ASEAN economic research by foreign brokerage Bank of America.Bajoria, who joins from Barclays, will be based in Mumbai and the appointment will be effective from September, according to an internal memo.,L&T Finance's rural...
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    • 25,000 book crore distribute finance insurance kotak lender life mahindra non-bank policies rahul rural thursday
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  5. Fitch says RBI warning on non-bank lenders increases volatility

    Fitch says RBI warning on non-bank lenders increases volatility

    New Delhi [India], Fitch Ratings believes that if the Reserve Bank of India (RBI's latest efforts) to strengthen corporate governance and risk management in non-bank financial institutions (NBFIs) are successful, The risks to the industry will reduce in the long term. may be lower, but it will...
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  6. Northern Arc raises US$40 million equity from IFC

    Northern Arc raises US$40 million equity from IFC

    Mumbai, Non-bank lender Northern Arc on Wednesday announced raising US$40 million equity fund from International Finance Corporation (IFC).The 2009-founded company, which provides services beyond lending such as entertainment management, has also raised a USD 40 million loan from IFC...
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    • announced credit customers data equity fund lender million multilateral non-bank northern raising reach us$40 wednesday
    • Category: Business & Economy
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