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Tag "non-banking financial companies"

NBFCs raise $3.9 billion capital buffer post Covid-19

NBFCs raise $3.9 billion capital buffer post Covid-19

🕔09:39, 16.Sep 2020

New Delhi, Sep 16  Non-banking financial companies have raised $3.9 billion through capital raise and asset sales in the post-Covid-19 period. In the midst of a difficult economic environment caused by the Covid-19 pandemic, India Inc has raised a massive

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World Bank chief asks India to reform financial sector

World Bank chief asks India to reform financial sector

🕔10:09, 27.Oct 2019

New Delhi, Oct 27  India must undertake financial reforms in three key areas — sound regulations for non-banking financial companies (NBFCs), allow private sector banks in a big way in the banking sector and deepen capital market to aide growth

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Infra finance companies can raise long-term funds

Infra finance companies can raise long-term funds

🕔10:53, 20.Jun 2014

New Delhi, June 20  The government has permitted infrastructure finance companies to issue secured debentures with a tenure of up to 30 years. India is estimated to require investment of about $1 trillion in infrastructure during 2012-17. The decision will

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