Search result for 'aum'

Sebi Extends Timelines for Mutual Fund Data Submission

March 28, 2025 17:43

SEBI extends deadlines for offsite inspection data submission for mutual funds and portfolio managers, easing business operations. The new timelines for data submission will come into effect...

ASK Asset Gets Sebi Nod for Mutual Fund Biz

March 28, 2025 14:52

Blackstone-backed ASK Asset & Wealth Management receives in-principle approval from Sebi to launch its mutual fund business in India. The move will expand its investment solutions offerings.

Sebi Doubles FPI Investment Threshold to Rs 50,000 Cr

March 24, 2025 18:12

Sebi has doubled the investment threshold for granular disclosures by foreign portfolio investors (FPIs) to Rs 50,000 crore, effective immediately.

Shriram Finance Aims to Dominate Gold Loan Market

March 18, 2025 18:55

Shriram Finance Ltd is looking to expand its gold loan business, aiming to capture a larger share of the growing market. The company plans to introduce gold loans in more branches and streamline...

Carnelian Asset Management Targets USD 2 Billion AUM by FY'26

March 16, 2025 13:18

Carnelian Asset Management aims to reach USD 2 billion in assets under management by March 2026, despite current market conditions. The firm plans to expand its presence in seven new cities and...

The Wealth Company Targets Rs 10,000 Cr AUM Growth

March 6, 2025 19:20

The Wealth Company, formerly Pantomath Capital Management, aims to raise Rs 10,000 crore in assets under management over the next year, with a focus on expanding its presence in Tamil Nadu.

SaralSCF Aims to Double Outreach to Women Entrepreneurs by 2025

March 6, 2025 17:32

SaralSCF, a lending platform focused on SMEs, plans to double its outreach to women entrepreneurs by 2025, aiming to provide flexible funding solutions for their growth.

Sebi Sets Rules for Specialized Investment Funds (SIFs)

February 27, 2025 19:56

Sebi introduces a new regulatory framework for Specialized Investment Funds (SIFs) requiring a minimum investment of Rs 10 lakh. Learn about the eligibility criteria, investment restrictions, and...

Microfinance Disbursements Decline 35.8% in Q3: MFIN

February 26, 2025 14:17

Microfinance loan disbursements fell by 35.8% in the third quarter of the current fiscal year, according to MFIN, with assets under management also declining slightly. Read more.

InCred Finance Acquires TruCap's Gold Loans Business

February 25, 2025 22:07

InCred Finance has acquired the gold loans business of TruCap Finance, expanding its lending portfolio with a nationwide network and a customer base of 40,000. The acquisition is expected to...

Moneyboxx Finance AUM Rises 56% to Rs 837 Cr

February 24, 2025 16:44

Moneyboxx Finance reports 56% AUM growth to Rs 837 crore, driven by branch expansion and secured lending. The company also strengthened its capital position with an equity raise.

Amfi Launches Initiatives to Boost MF Accessibility & Financial Literacy

February 22, 2025 16:38

Amfi introduces new initiatives like SIP for smaller investments, Tarun Yojana for young investors, and MITRA to recover forgotten investments, aiming to democratize mutual fund investing and...

Sebi Bans Two Portfolio Managers for Net Worth Breach

February 17, 2025 21:19

Sebi barred Scient Capital and DGS Capital Management from onboarding new clients after they failed to maintain the minimum net worth of Rs 5 crore as mandated under the portfolio managers rules.

Choice Broking Acquires Arete Capital, AUM Hits Rs 6K cr

February 17, 2025 19:45

Choice Broking has acquired wealth management firm Arete Capital Services, expanding its AUM to Rs 6,241 crore. The acquisition strengthens Choice Broking's position in the wealth management and...

Value Funds Attract Rs 1,556 Cr Inflow: Outlook Optimistic

February 13, 2025 12:22

Value mutual funds saw Rs 1,556 cr inflow in January, indicating investor confidence in undervalued stocks. Experts predict continued optimism in 2025, fueled by strong sectors like metals, real...

Grasim Profit Drops 29% in Q3, Cement & Paints Impact

February 10, 2025 22:07

Grasim Industries reported a 29.15% decline in consolidated net profit for Q3 FY25, driven by lower cement realisations and investment in the paints business. Revenue grew 8.84% YoY.

REITs Distribution Rises 17% to Rs 1,505 Cr in Q3

February 10, 2025 15:50

Four listed REITs in India distributed a total of Rs 1,505 crore to unitholders in Q3, a 17% increase from the previous year, driven by portfolio expansion and rent appreciation.

LIC Q3 Profit Jumps 17% to Rs 11,056 Crore

February 7, 2025 19:39

LIC's net profit surged by 17% to Rs 11,056 crore in Q3 FY25, driven by a reduction in expense ratio. The insurer also saw growth in AUM and solvency ratio.

Godrej Capital AUM to Double to Rs 30,000 cr by 2026

February 7, 2025 15:54

Godrej Capital, the financial services arm of Godrej Industries, aims to double its assets under management to Rs 30,000 crore by March 2026. The company has seen strong growth in Tamil Nadu and...

M''M Q3 Profit Jumps 20% to Rs 3,181 Crore

February 7, 2025 14:30

Mahindra ''Mahindra Ltd's Q3 profit surged 20% to Rs 3,181 crore, driven by strong performance in auto and farm sectors. Revenue also grew by 17% to Rs 41,470 crore.

Aadhar Housing Finance Q3 Profit Up 17% to Rs 239 Cr

February 6, 2025 19:02

Aadhar Housing Finance reports a 17% rise in Q3 net profit to Rs 239 crore, driven by strong interest income and AUM growth. Total income also increased.

NPS Vatsalya Tax Exemption: Contribution Up to Rs 50,000

February 1, 2025 20:44

India's Finance Minister announced a tax exemption of up to Rs 50,000 for NPS Vatsalya contributions, boosting the scheme's attractiveness for parents and guardians. Learn more about NPS Vatsalya...

India Capital Market Sees Surge in Investors: Economic Survey

January 31, 2025 15:46

India's capital market witnessed a significant rise in investor participation, driven by healthy corporate earnings and stable macro fundamentals, according to the Economic Survey. The number of...

Value Mutual Funds Attract Rs 22,757 Cr in 2024: Strong Returns Drive Inflows

January 30, 2025 14:31

Value mutual funds saw robust investor interest in 2024, attracting Rs 22,757 crore in inflows, driven by strong returns and a shift towards undervalued stocks. Experts predict continued growth in...

CAMS Q3 Profit Soars 40% to Rs 124 Cr

January 29, 2025 17:21

CAMS, a leading registrar and transfer agent for mutual funds, reported a 40.2% jump in its consolidated profit after tax to Rs 124.11 crore in Q3 FY25.

MAS Financial Profit Up 25% in Q3, Shares Surge

January 29, 2025 16:09

MAS Financial Services reported a 25% rise in profit for the October-December quarter, driven by strong growth in MSME lending. Shares rose over 8% on the news.

Sundaram Home Finance Q3 Net Profit at Rs 62.55 Cr

January 28, 2025 17:38

Sundaram Home Finance reported a net profit of Rs 62.55 crore for the October-December 2024 quarter, with disbursements increasing by 35% to Rs 1,692 crore.

TVS Credit Q3 PAT Jumps 40% to Rs 240 cr

January 28, 2025 13:43

TVS Credit Services Ltd reported a 40% rise in profit after tax for Q3 FY25, driven by strong growth in consumer loans and vehicle financing. Total income also saw a 12% increase.

Aditya Birla Sun Life AMC Stock Plunges 9% After Q3 Earnings

January 28, 2025 12:32

Aditya Birla Sun Life AMC stock fell nearly 9% on Tuesday after its Q3 earnings disappointed investors, despite a 7% increase in PAT and a 30% surge in revenue. The company's AUM reached Rs 3.84...

Aditya Birla Sun Life AMC Profit Rises 7% in Dec Quarter

January 27, 2025 20:38

Aditya Birla Sun Life AMC reported a 7% increase in profit after tax to Rs 224.5 crore in the December quarter, driven by a 30% surge in revenue. The company's AUM reached Rs 3.84 lakh crore,...

Piramal Enterprises Q3 Profit: Rs 39 cr, RBI Approves Name Change

January 27, 2025 18:03

Piramal Enterprises reported a net profit of Rs 39 crore in Q3, a turnaround from last year's loss. RBI has approved the name change of Piramal Capital & Housing Finance to Piramal Finance, paving...

LIC Mutual Fund Launches Multi-Asset Allocation Fund

January 24, 2025 20:51

LIC Mutual Fund introduces a new open-ended Multi Asset Allocation Fund that invests in equity, debt, and gold for long-term capital appreciation. The fund offers a balanced approach to investment...

Sebi Proposes 'Sachetisation' of Mutual Funds for Financial Inclusion

January 22, 2025 18:58

SEBI proposes a 'sachetization' scheme for mutual funds, enabling small-ticket SIPs of Rs 250 to increase financial inclusion and reach low-income groups. The regulator seeks public comments on the...

Wealth Management AUM to Double to USD 2.3 Trillion by FY29: Report

January 21, 2025 14:45

India's wealth management industry is projected to experience rapid growth, with AUM expected to double to USD 2.3 trillion by FY29, driven by rising affluence and shifting investment preferences....

Veritas Finance Files IPO to Raise Rs 2,800 Cr

January 20, 2025 12:47

Veritas Finance, a retail focused NBFC, has filed draft papers with Sebi to raise Rs 2,800 crore via an IPO, including a fresh issue and an Offer-for-Sale.

SBI Life Q3 Profit Surges 71% to Rs 551 Crore

January 17, 2025 16:25

SBI Life Insurance reported a 71% jump in net profit to Rs 551 crore for the third quarter ended December, driven by higher new and renewal premiums. Learn more.

Sebi Proposes Raising Threshold for FPI Disclosures to Rs 50,000 cr

January 10, 2025 20:15

Sebi proposes to double the threshold for foreign portfolio investors (FPIs) to Rs 50,000 crore for granular disclosures on investor holdings, aimed at preventing round-tripping and ensuring market...

HDFC Securities AUM Crosses Rs 25,000 Crore

January 9, 2025 21:16

HDFC Securities's mutual fund AUM surpasses Rs 25,000 crore, driven by strong SIP growth. The milestone reflects the company's commitment to customer financial goals.

Strata Gets Sebi License for SM-REIT Launch

January 9, 2025 19:09

Strata receives Sebi approval to launch its Small and Medium Real Estate Investment Trust (SM-REIT), enabling investors to access fractional ownership of commercial assets.

hBits Raises Rs 40 Cr for Fractional Ownership Platform

January 8, 2025 17:08

hBits, a fractional ownership platform for commercial real estate, raises Rs 40 crore from investors to expand its reach and enhance its AI-driven technology.

Bank Profits to Moderate in FY26 as Bad Assets Rise: Ind-Ra

January 7, 2025 16:45

Indian bank profitability is expected to moderate in FY26 due to rising bad assets, according to India Ratings and Research. Unsecured retail loans are a key concern, but overall impact is...

ITI Asset Management Appoints Jatinder Pal Singh as CEO

January 2, 2025 17:20

ITI Asset Management has appointed Jatinder Pal Singh as its new CEO, succeeding Hitesh Thakkar. Singh brings over 25 years of experience in the mutual funds industry.

Sebi Launches MF Lite Framework for Passive Funds

December 31, 2024 20:40

Sebi introduces MF Lite framework to simplify compliance for passive fund schemes, promoting innovation and investment diversification in the mutual fund industry.

Sumitomo Mitsui Infuses Rs 3,000 Cr in SMFG India Credit

December 26, 2024 15:39

Sumitomo Mitsui Financial Group (SMFG) has infused Rs 3,000 crore in SMFG India Credit Co Ltd (SMICC) via a rights issue to expand business. This investment also includes Rs 300 crore for SMFG...

IndiQube Spaces Files for Rs 850 Crore IPO

December 25, 2024 10:13

IndiQube Spaces, a workplace solutions company, has filed draft papers with Sebi for an initial public offering (IPO) to raise Rs 850 crore. The IPO will include a fresh issue of equity shares...

Mutual Fund Industry Booms: Assets Surge Rs 17 Lakh Cr in 2024

December 24, 2024 13:07

India's mutual fund industry experienced a record-breaking 2024 with assets under management (AUM) soaring to Rs 68 lakh crore, fueled by strong equity markets, robust economic growth, and...

NPS Intermediaries Association Launched to Boost Subscriber Welfare

December 21, 2024 16:56

Association of NPS Intermediaries launched to promote collaboration, strengthen subscriber welfare and expand pension coverage in India.

Mirae Asset AUM Crosses Rs 2 Lakh Crore | India Investment News

December 20, 2024 17:48

Mirae Asset Investment Managers' AUM in India surpasses Rs 2 lakh crore, driven by strong growth in recent years. The fund house's AUM has grown at a CAGR of 54% over the past five years.

Laxmi India Finance Files IPO Papers with Sebi

December 19, 2024 15:15

Laxmi India Finance, an NBFC, has filed draft papers with Sebi for an IPO to raise funds. The IPO includes a fresh issue of shares and an offer for sale by promoters. The proceeds will be used to...

Road InvIT AUM to Reach Rs 3.2 Lakh Crore by 2026

December 19, 2024 15:09

Road InvIT AUM is projected to grow 68% to Rs 3.2 lakh crore by March 2026, driven by expansion and new InvITs, according to Crisil Ratings.

Welspun One to Raise Rs 4,000 Crore for Logistics Expansion

December 18, 2024 18:20

Welspun One, a logistics and industrial real estate platform, plans to raise Rs 4,000 crore to expand its portfolio to 32 million sq ft by 2028. The company aims to attract global investors and...

AIFs for Job Creation: UK Sinha's Insights

December 17, 2024 19:05

Former Sebi chairman UK Sinha highlights the crucial role of alternative investment funds (AIFs) in promoting job creation and fostering entrepreneurship in India.

Aye Finance Files Rs 1,450 Cr IPO - Sebi

December 17, 2024 15:14

Aye Finance, an NBFC, files draft papers with Sebi for a Rs 1,450 crore IPO. The IPO includes a fresh issue and an Offer for Sale (OFS) by existing shareholders. The company provides loans to MSMEs...

Satin Creditcare Focuses on Risk Management for Growth

December 15, 2024 11:17

Satin Creditcare Network Ltd (SCNL) is prioritizing innovative risk management and efficient collection mechanisms to drive growth amid industry challenges. The company's Chairman discusses...

LIC MF Eyes IPO After ₹1 Lakh Crore AUM

December 13, 2024 19:54

LIC Mutual Fund targets ₹1 lakh crore AUM by FY'26, after which it may consider an IPO. The fund house is aggressively expanding its reach and retail participation to achieve this goal.

Equirus Wealth Hits Rs 10,000 Crore AUM, Targets Rs 50,000 Crore by 2028

December 11, 2024 14:05

Equirus Wealth has crossed Rs 10,000 crore in AUM in just 18 months and aims to reach Rs 50,000 crore by 2028. The firm offers diverse investment solutions for HNIs and Ultra HNIs.

Blackstone Acquires Stakes in Bagmane Group: CCI Approval

December 10, 2024 22:20

CCI approves Blackstone's acquisition of stakes in Bagmane Developers and Bagmane Rio, marking a significant move in the Indian real estate sector.

Dezerv AUM Surpasses Rs 10,000 Cr, Targets Rs 25,000 Cr by 2025

December 9, 2024 15:14

Dezerv, a tech-led wealth management firm, has crossed Rs 10,000 crore in AUM and aims to reach Rs 25,000 crore by December 2025. The company attributes its growth to active strategies and...

SMFG India Secures €91 Million Loan from Deutsche Bank

December 9, 2024 13:11

Deutsche Bank has provided a €91 million loan to SMFG India Credit for onlending to small businesses and women borrowers in underserved areas. The sustainability-linked loan promotes financial...

Aadhar Housing Finance AUM to Exceed Rs 25,000 Cr by March 2025

December 8, 2024 17:00

Aadhar Housing Finance, catering to the affordable housing segment, expects its AUM to cross Rs 25,000 crore by March 2025, driven by strong growth and expansion.

Star Agriwarehousing IPO: Rs 450 cr Fresh Issue | Sebi Filing

December 5, 2024 13:32

Star Agriwarehousing files IPO papers with Sebi to raise Rs 450 crore via fresh issue and OFS. The company provides tech-driven agricultural services and is the largest in terms of revenue in the...

NBFCs to Slow Asset Growth to 15% in FY25-26: Crisil

December 2, 2024 15:30

RBI regulations and asset quality concerns will limit NBFC asset growth to 15-17% in FY25-26, according to Crisil. This follows a 23% growth in FY24. Unsecured loans and microfinance segments are...

Alt Mobility Secures USD 10 Mn in Series A Funding

November 27, 2024 08:03

Alt Mobility, a commercial EV leasing and asset management firm, raised USD 10 million in Series A funding led by Eurazeo. The investment will fuel growth, expand its digital platform and...

Silver ETF AUM Surges to Rs 12,331cr in Oct 2024

November 22, 2024 14:54

Silver ETFs saw a four-fold rise in AUM to Rs 12,331cr in October 2024, driven by investor interest in silver as a hedge against inflation and geopolitical uncertainty.

SLCM & Bank of Baroda Partner for Agri Financing

November 20, 2024 11:29

SLCM and Bank of Baroda team up to offer collateral management services for agricultural financing, enabling farmers to access credit through Bank of Baroda's network.

Fine Acers Targets Rs 5,000 Crore AUM by 2026-27

November 17, 2024 15:34

Fine Acers, a luxury resort investment firm, aims to reach Rs 5,000 crore in assets under management by 2026-27. The company has signed deals with Wyndham Hotels and Resorts and the Rajasthan...

PHF Leasing Rebrands as Credifin: Expanding Loan Offerings and Reach

November 13, 2024 18:46

PHF Leasing rebrands as Credifin, expanding its loan offerings to include mortgage, business, and EV financing. The company is also expanding its reach across India.

Gold ETFs See Record Inflow of Rs 1,961 Cr in October

November 13, 2024 17:16

Gold exchange-traded funds (ETFs) witnessed a record inflow of Rs 1,961 crore in October, driven by expectations of rising gold prices during the festive season. This surge in investment boosted...

Aptus Value Housing Finance Q2 Profit Up 22% to Rs 182 cr

November 5, 2024 22:34

Aptus Value Housing Finance India Ltd reported a 22% rise in net profit to Rs 182 crore in Q2 FY25, driven by increased income. AUM stood at Rs 9,679 crore.

Shriram General Insurance to Re-enter Crop Insurance

November 5, 2024 20:22

Shriram General Insurance plans to re-enter the crop insurance market as part of its diversification strategy, aiming to increase its non-motor business contribution. The company also reported...

Aptus Value Housing Reports Q2 Profit of Rs 181.96 Cr

November 5, 2024 17:04

Aptus Value Housing Finance India Ltd reported a profit of Rs 181.96 crore in Q2 FY25, driven by business growth and stable asset quality. The company's profit grew by 22% year-on-year.

IRFC Q2 Profit Rises 4% to Rs 1,613 Cr, Interim Dividend Declared

November 4, 2024 20:46

IRFC's net profit for the September quarter rose 4% to Rs 1,613 crore, with total income reaching Rs 6,900 crore. The company also declared an interim dividend of Rs 0.80/share.

EFC Arm Gets SEBI Approval for SM-REIT Launch

October 30, 2024 16:11

EFC (I) Ltd's subsidiary, EFC REIT Pvt Ltd, secures SEBI registration to launch a Small & Medium Real Estate Investment Trust (SM-REIT) public issue, marking a significant expansion for the...

Muthoottu Mini Financiers to Raise Rs 150 Crore via NCDs

October 29, 2024 21:16

Muthoottu Mini Financiers launches public issue of secured, non-convertible debentures (NCDs) worth Rs 150 crore. The NCDs offer annualised interest rates ranging from 8.84% to 10.5% and will be...

LIC Housing Finance Q2 Profit Rises 11% | Latest News

October 28, 2024 20:21

LIC Housing Finance reported an 11% rise in Q2 profit to Rs 1,324 crore. Despite a decline in core net interest income, the company aims to increase higher yield assets and improve NIMs.

NTPC Green Energy, Avanse Financial IPOs Get Sebi Approval

October 28, 2024 17:39

NTPC Green Energy and Avanse Financial Services receive Sebi's approval to launch IPOs, raising a combined Rs 13.5 billion. Learn more about the IPO details and companies.

Business Cycle Funds: 56% Returns in 1 Year - Outperforming Market

October 27, 2024 11:00

Business cycle funds deliver impressive returns, with top performers like HSBC, Mahindra Manulife, and Quant exceeding 50%. Learn about these funds, their strategy, and potential benefits.

Cholamandalam Investment Q2 PAT Up at Rs 967.80 cr

October 25, 2024 19:31

Cholamandalam Investment and Finance Company Ltd reported a consolidated profit after tax of Rs 967.80 crore for Q2 FY25, up from Rs 772.87 crore in the same period last year. Total income and AUM...

UTI AMC Q2 Profit Soars 31% to Rs 239 Crore

October 25, 2024 19:30

UTI Asset Management Company reported a 31% jump in Q2 profit to Rs 239 crore, driven by strong revenue growth. The company's AUM reached Rs 20.16 lakh crore, highlighting the robust Indian mutual...

IndiGrid Profit Surges 154% to Rs 98 Cr in Q2

October 25, 2024 18:28

India Grid Trust reported a 154% jump in its consolidated net profit to Rs 98.73 crore for the September 2024 quarter, driven by higher revenues. The company also announced a Q2 FY25 distribution...

Bank Credit Growth to Moderate to 12% in FY25: Icra

October 25, 2024 16:33

Icra forecasts a slowdown in credit growth for banks and NBFCs in FY25 due to regulatory measures and tighter funding conditions. Bank credit growth is expected to moderate to 12% YoY, while NBFC...

Bajaj Finserv Q2 Profit Up 8% to Rs 2,087 Crore

October 23, 2024 19:12

Bajaj Finserv's consolidated net profit for Q2 FY25 rose by 8% to Rs 2,087 crore, driven by strong growth in total consolidated income. Read more about the company's performance.

Aditya Birla Sun Life AMC Raises USD 300 Million Private Credit Fund

October 15, 2024 18:20

Aditya Birla Sun Life Asset Management Company (ABSL AMC) aims to raise USD 300 million private credit fund from offshore investors. The fund, 'India Yield Advantage Fund', will be launched after...

Anand Rathi Wealth Profit Jumps 32% in Q2 FY25

October 10, 2024 17:57

Anand Rathi Wealth Ltd reported a 32% rise in net profit to Rs 76.3 crore in the September quarter, driven by strong revenue growth. The company's AUM also surged by 57% to Rs 75,084 crore in the...

Sebi Introduces New Asset Class for High-Risk Investors

September 30, 2024 22:27

SEBI introduces a new asset class with a minimum investment of Rs 10 lakh, aimed at high-risk investors and bridging the gap between mutual funds and portfolio management services.

IndiGrid Raises Rs 695 Cr via Preferential Issue

September 26, 2024 17:03

IndiGrid, India's largest power transmission InvIT, receives unitholder approval to raise up to Rs 695 crore through a preferential issue. The company will use the funds to expand its operations...

LIC Mutual Fund Launches New Manufacturing Fund, Targets Rs 60,000 Crore AUM

September 20, 2024 18:59

LIC Mutual Fund has launched a new Manufacturing Fund, an open-ended equity scheme, with a target AUM of Rs 60,000 crore by fiscal-end. The NFO is open till October 4 and the scheme aims to provide...

NPS Vatsalya: Open Pension Account for Children - Finance Minister

September 18, 2024 17:27

Finance Minister Nirmala Sitharaman launches NPS Vatsalya, allowing parents to open pension accounts for their children. Learn about contribution requirements and benefits of this new scheme.

Godrej Capital Enters Affordable Housing Loans, Targets Rs 17,000 Cr AUM

September 18, 2024 15:44

Godrej Capital, the financial services arm of Godrej Group, is entering the affordable housing loan segment, aiming for Rs 17,000 crore AUM by December 2024. The company also plans to expand its...

Manba Finance IPO Opens Sep 23: Price Band Rs 114-120

September 18, 2024 11:28

Manba Finance's IPO, worth Rs 151 crore, opens on September 23. The price band has been set at Rs 114-120 per share. Proceeds will be used for lending and general corporate purposes.

Axis Bank Expands Wealth Management to 15 Cities

September 16, 2024 15:08

Axis Bank's Burgundy Private expands wealth management services to 15 new cities, reaching 42 locations across India, offering bespoke solutions to affluent clients.

Moneyboxx Finance Raises Rs 176 Crore for Growth

September 13, 2024 18:20

Moneyboxx Finance, a NBFC providing business loans to micro entrepreneurs, raised Rs 176 crore to support its growth plans. The capital raise includes Rs 63 crore via preferential equity issue and...

FPIs Challenge Sebi Norms: Deadline for Beneficial Ownership Disclosure Expires

September 9, 2024 13:16

Two Mauritius-based FPIs have sought legal relief from complying with Sebi's new norms for foreign investors, which require disclosure of ultimate beneficial ownership. The deadline for compliance...

Shriram Finance to Raise USD 1 Billion Overseas

September 8, 2024 15:31

Shriram Finance plans to raise USD 1 billion from overseas in the next six months to fund business growth. The NBFC will also raise funds from development financial institutions like ADB, Kfw, and...

US Pension Funds to Invest in India: $1.8 Trillion AUM

September 5, 2024 21:49

Five US pension funds with over $1.8 trillion in assets are visiting India next week to explore long-term investment opportunities, including IPOs and infrastructure.

Sebi Proposes Changes in Household Savings Calculation

September 4, 2024 20:09

Sebi's working paper suggests revising the methodology for calculating household savings through the Indian securities market to improve data accuracy. The proposed changes aim to include a wider...

Caspian Debt Merges with BlackSoil Capital: Creating Largest Alternative Credit Player

September 4, 2024 18:42

Caspian Impact Investments and BlackSoil Capital are merging to create BlackSoil, a leading alternative credit player with over Rs 2,000 crore AUM. The merger will enhance market presence and...

Microfinance Delinquencies to Hike NBFC-MFI Credit Cost: ICRA

September 4, 2024 15:48

ICRA reports rising delinquencies in the microfinance sector will increase NBFC-MFI credit cost to 320-340 bps in 2024-25, impacting asset quality and earnings.

Retirement Mutual Funds Surge 256% in 5 Years

September 4, 2024 15:31

Retirement mutual fund AUM has grown 256% in the last 5 years, driven by rising awareness of financial planning. Learn more about this booming sector and its potential for growth.

General Atlantic Acquires Actis Holdings: CCI Approves Deal

September 3, 2024 20:30

General Atlantic, a US-based private equity firm, has received approval from the Competition Commission of India (CCI) to acquire Actis Holdings, a sustainable infrastructure investor. The deal...

SMFG India Credit Targets Rs 60,000 Cr AUM by 2024-25

September 3, 2024 16:05

SMFG India Credit, a leading NBFC, aims to reach Rs 60,000 crore in assets under management by FY 2024-25, expanding its branch network and focusing on sustainable development.

ITI Mutual Fund Targets Rs 1 Lakh Crore AUM in 5 Years

August 29, 2024 17:59

ITI Mutual Fund aims to reach Rs 1 lakh crore AUM in the next five years, driven by growth in systematic investment plans (SIPs). The fund manager highlights India's economic growth as a key driver...

Family Offices AUM to Grow 14% in 3 Years: Report

August 28, 2024 16:24

Indian family offices are projected to see a 14% growth in AUM and a 5% increase in alternative investments over the next 3 years, driven by a shift towards growth and diversification.

Capitalmind Gets Sebi Approval for Mutual Fund Launch

August 26, 2024 18:11

Capitalmind Financial Services receives in-principle approval from Sebi to launch a mutual fund business, aiming to tap into the growing Indian market. The company boasts a strong track record with...

NBFC Asset Growth to Moderate in FY25, NPAs Likely to Rise: Icra

August 21, 2024 17:50

Icra Ratings forecasts a slowdown in NBFC asset growth in FY25, with NPAs expected to rise due to factors including regulatory measures and concerns over unsecured and top-up loans. The sector...

REITs Distribute Rs 1,371 Cr to Unitholders in Q1 FY24

August 20, 2024 14:49

Four listed REITs in India distributed over Rs 1,371 crore to unitholders in the June quarter, marking a significant milestone in the REIT market. Learn more about the distribution and the key...

ITI Mutual Fund Aims for Rs 1 Lakh Crore AUM in 5 Years

August 18, 2024 11:21

ITI Mutual Fund targets Rs 1 lakh crore AUM in 5 years, riding India's growth story. CIO Rajesh Bhatia highlights strong market fundamentals and expansion plans.

SMEs Raise Rs 11,000 Crore via Capital Markets: Official

August 14, 2024 22:13

Indian SMEs are increasingly turning to capital markets for funding, raising Rs 11,000 crore. The combined market capitalisation of these SMEs now exceeds Rs 1.6 lakh crore.

LIC Mutual Fund Eyes Inorganic Growth, Targets Rs 1 Lakh Crore AUM

August 14, 2024 13:13

LIC Mutual Fund aims to increase its AUM to Rs 1 lakh crore by March 2026, through inorganic growth, including fund house acquisitions. The company also plans to expand its branch network and...

Muthoot Finance Q1 Profit Up 11% to Rs 1,079 Crore - Business News

August 13, 2024 19:24

Muthoot Finance reported an 11% rise in net profit to Rs 1,079 crore in Q1 FY24, driven by growth in loan assets. Read more about the company's financial performance.

Piramal Enterprises Q1 Profit Dips 64% to Rs 181 cr

August 13, 2024 18:43

Piramal Enterprises reported a 64% decline in Q1 net profit to Rs 181 crore, impacted by a higher base last year. The company's core net interest income grew 18% to Rs 807 crore.

Shriram Life Insurance AUM Hits Rs 11,841 cr in Q1 FY25

August 13, 2024 13:38

Shriram Life Insurance reports a profit of Rs 27 crore in Q1 FY25, with AUM crossing Rs 11,841 crore. The company witnessed a significant growth in new business premiums and individual policies.

360 ONE Denies Adani Investment in IPE-Plus Fund

August 11, 2024 17:11

360 ONE, formerly IIFL Wealth Management, refutes Hindenburg's claims of investments in Adani shares through its IPE-Plus Fund 1. The firm says the fund made no investments in Adani Group companies...

LIC to Invest Rs 1.30 Lakh Crore in Stocks in FY25

August 11, 2024 15:31

LIC, India's largest life insurer, plans to invest around Rs 1.30 lakh crore in the stock market during the current financial year, driven by strong market performance and increased AUM. The...

Focused Mutual Funds: Asset Base Surges 31%, Top Performers Deliver 60% Returns

August 11, 2024 13:05

Focused mutual funds are gaining traction, with assets under management reaching Rs 1.43 lakh crore in June 2024. Top performers like Invesco India Focused Fund and Mahindra Manulife Focused Fund...

Moneyboxx Reports Rs 4.30 Cr Profit in Q1 FY25

August 9, 2024 18:57

Moneyboxx Finance, a micro-entrepreneur loan provider, reported a 93% AUM growth in Q1 FY25, reaching Rs 746 crore. The company also announced a Rs 271 crore equity raise.

LIC Shares Rise 1% After Strong Q1 Profit

August 9, 2024 16:45

LIC shares gained nearly 1% on Friday after the company reported a 10% rise in net profit for the June 2024 quarter. The stock climbed 3% in early trade before settling higher.

Equity Mutual Funds Inflow Drops 9% to Rs 37,113 Cr in July

August 9, 2024 16:20

Equity mutual fund inflows declined 9% in July to Rs 37,113 crore, led by a drop in large-cap, small- and mid-cap categories. However, the industry's AUM reached a record high of Rs 65 lakh crore.

Arohan Financial Services Q1 Profit Jumps Fourfold to Rs 104 Cr

August 9, 2024 11:48

Arohan Financial Services reported a significant jump in net profit to Rs 104.08 crore in Q1 FY25, driven by strong business growth and earnings. The MFI's AUM also saw a notable increase, while...

LIC Shares Surge 3% After Strong Q1 Earnings

August 9, 2024 11:43

LIC shares climbed 3% on Friday after the company reported a 10% rise in net profit to Rs 10,461 crore in the June 2024 quarter. The company also saw a significant increase in total income and AUM.

India Shelter Finance Q1 Profit Surges 77% - Rs 84 Crore

August 8, 2024 21:18

India Shelter Finance Corporation reported a 77% YoY surge in Q1 FY25 profit to Rs 84 crore, driven by strong AUM growth and increased disbursements. The company's AUM rose 37% to Rs 6,509 crore.

ICICI Prudential Life Insurance AUM Hits Rs 3.14 Lakh Crore

August 7, 2024 22:12

ICICI Prudential Life Insurance's assets under management have surpassed Rs 3.14 lakh crore, marking a significant milestone. The company has covered 9.84 crore lives and boasts an in-force sum...

TVS Credit Services Reports 20% Net Profit Hike in Q1 FY'25

August 7, 2024 17:46

TVS Credit Services reported a 20% increase in net profit for the April-June 2024 quarter, reaching Rs 140.43 crore. The company's total income also grew significantly.

Sebi Proposes New Framework for ODI & FPI Investments

August 6, 2024 22:23

Sebi proposes new disclosure and regulatory requirements for investments through ODIs and segregated portfolios of FPIs, addressing regulatory arbitrage. Public comments are invited till August 27.

Aptus Value Housing Q1 PAT Up 21% to Rs 171.74 cr

August 1, 2024 17:05

Aptus Value Housing Finance reported a consolidated profit after tax of Rs 171.74 crore in Q1 FY25, driven by business growth, stable asset quality, and higher productivity.

Hero FinCorp IPO: Rs 3,668 Crore Fundraise

August 1, 2024 11:15

Hero FinCorp, a financial services arm of Hero MotoCorp, files IPO papers with SEBI to raise Rs 3,668 crore, including a fresh issue and an OFS. The IPO proceeds will be used to bolster lending...

Khelomore Raises USD 2 Million for Sports Platform Expansion

July 29, 2024 20:43

Sports tech platform Khelomore secures USD 2 million funding led by Clear Bridge Ventures and Eruditus to expand its reach and offer more sports venues.

Equity Mutual Funds Surge 5-Fold in June Quarter

July 28, 2024 11:00

Investment in equity mutual funds surged over five-fold to Rs 94,151 crore in the June 2024 quarter driven by a strong economic environment, supportive government policies and investor confidence.

Cholamandalam Investment Appoints Ravindra Kumar Kundu MD

July 27, 2024 15:58

Cholamandalam Investment and Finance Company has appointed Ravindra Kumar Kundu as its Managing Director for a five-year term starting October 7. Kundu has been with the company for 24 years and...

UTI AMC Q1 Profit Up 9% to Rs 254 Crore

July 25, 2024 16:57

UTI Asset Management Company (UTI AMC) reported a 9% rise in Q1 FY25 profit to Rs 254 crore, driven by strong revenue growth. AUM stood at Rs 19.36 lakh crore.

SBI Life Insurance Q1 Profit Surges 36% to Rs 520 Cr

July 24, 2024 18:11

SBI Life Insurance reported a 36.48% YoY growth in net profit to Rs 520 crore for the June 2024 quarter, driven by strong new business premium and AUM growth.

Retail Investor Surge in Stock Market: Economic Survey Cautions

July 22, 2024 15:23

India's Economic Survey warns of risks from rising retail investor participation in the stock market, highlighting potential for overconfidence and speculation. Read more.

NBFC-PSL Category for MSMEs: Key Budget Demand

July 22, 2024 10:17

Business leaders urge the creation of a new NBFC-PSL category in the Union Budget to boost MSME lending and growth.

Sebi Warns of Rising F''O Speculation, Impact on Economy

July 19, 2024 21:14

Sebi chief expresses concern over rising F''O trading, impacting household savings and economy. Regulator warns of risks and seeks to curb speculative bets.

Lupin Partners with Huons to Market Eye Drug in Mexico

July 18, 2024 18:25

Lupin has partnered with Huons to market Cyclosporine Ophthalmic Nanoemulsion in Mexico, expanding their ophthalmology portfolio and providing better eyecare solutions.

NEWME: Gen Z Fashion Brand Expanding Offline & Online

July 18, 2024 12:00

NEWME, a Gen Z fashion brand, is expanding its reach with 40-50 new stores across India, complementing its online platform. Learn about their growth strategy, funding, and vision for the future.

Moneyboxx Finance Raises Rs 271 Cr for Growth

July 17, 2024 17:28

Moneyboxx Finance, an NBFC focused on impact financing, raised Rs 271 crore through equity issuance to support its growth plans, including expanding its branch network and achieving Rs 1,400 crore...

Sebi Proposes New Asset Class for Investors with Rs 10-50 Lakh

July 16, 2024 18:00

Sebi proposes a new asset class between mutual funds and PMS for investors with Rs 10-50 lakh, offering higher risk, flexibility, and regulated structure.

HDFC Life Q1 Profit Jumps 15% to Rs 478 Cr | Business News

July 15, 2024 19:19

HDFC Life's net profit rose 15% to Rs 478 crore in Q1 FY24, driven by a 10% increase in total premium. New business premium collection also grew 9%.

SIP Flows Hit Record High in June: Amfi

July 9, 2024 15:12

Mutual fund investors poured Rs 21,262 crore into SIPs in June, a record high, according to Amfi. The overall AUM from SIPs has grown to Rs 12.43 lakh crore.

Sebi Tightens Rules for Passive Mutual Funds: Sponsor Group Exposure Limit

July 8, 2024 21:47

Sebi introduces new prudential norms for passive mutual fund schemes, limiting investments in sponsor group companies to 25% of net assets. Equity-oriented ETFs and index funds are capped at 35%.

Sumitomo Mitsui, BNP Paribas Open Branches in GIFT-IFSC

July 8, 2024 20:32

Sumitomo Mitsui Banking Corporation and BNP Paribas have opened branches in the GIFT-IFSC, expanding their operations in India. The branches will focus on foreign currency lending and attracting...

Piramal Enterprises Targets 15% AUM Growth in FY25

July 8, 2024 20:05

Piramal Enterprises aims to increase its assets under management (AUM) to Rs 80,000 crore in FY25, driven by a 15% growth target. The company is focusing on retail loans and wholesale 2.0 business.

Welspun One Raises Rs 2,275 Crore for Warehousing Fund

July 8, 2024 11:34

Welspun One has raised Rs 2,275 crore for its second fund, aimed at developing warehousing properties across India. This marks the largest domestic fundraise in this space, with the capital sourced...

Sebi Removes Fin Disincentive for Stock Exchange Execs

June 27, 2024 22:03

Sebi's board approved removing financial disincentives for stock exchange MDs and CTOs due to technical glitches, aiming to attract talent. The regulator also approved a cybersecurity framework for...

Ontario Teachers' Invests Rs 1,230 Crore in Kogta Financial

June 26, 2024 15:51

Ontario Teachers' Pension Plan Board invests Rs 1,230 crore in Kogta Financial for a significant minority stake. The investment will be used to drive growth and expand the NBFC's reach.

Quant Mutual Fund Faces Sebi Inquiry: Full Cooperation

June 24, 2024 12:48

Quant Mutual Fund confirms Sebi inquiry and commitment to cooperate. Regulator investigates potential front-running activities, conducting searches in Mumbai and Hyderabad.

Avanse Financial Files for Rs 3,500 cr IPO - Warburg Pincus Backed

June 21, 2024 13:15

Avanse Financial Services, backed by Warburg Pincus, files draft papers for a Rs 3,500 crore IPO, aiming to raise capital for future growth. The IPO includes a fresh issue and OFS by existing...

Piramal Finance Retail AUM Crosses Rs 50,000 Cr

June 18, 2024 22:15

Piramal Finance's retail assets under management have crossed Rs 50,000 crore, driven by strong growth in retail loans, particularly in affordable housing.

Purnartha Investment Advisers crosses Rs 2,000 cr in PMS asset base

June 18, 2024 16:01

Purnartha Investment Advisers, a portfolio management services provider, has crossed the Rs 2,000 crore mark in AUM, driven by its focus on delivering superior investment solutions.

NBFC-MFIs Top Micro-credit Providers in India | Report

June 12, 2024 18:21

NBFC-MFIs are the largest provider of micro-credit in India, accounting for nearly 40% of disbursements, according to a new report by MFIN. Learn more about the microfinance landscape.

Shriram Life Declares Rs 201 Cr Bonus in FY'24

June 11, 2024 17:04

Shriram Life Insurance has declared a Rs 201 crore bonus for FY'24, benefiting 3.86 lakh policyholders. The bonus was driven by robust growth in premium income and new business policies.

Arthan Finance Raises Rs 50 Cr for Business Expansion

June 10, 2024 16:18

Arthan Finance, a micro and small business lender, has raised Rs 50 crore from Incofin India and the Michael & Susan Dell Foundation for business expansion and technological advancement.

Aye Finance Profit Soars 3-Fold to Rs 161 Cr in FY24

June 6, 2024 19:47

Aye Finance, a fintech firm, reports a nearly three-fold jump in profit to Rs 161 crore in FY24, driven by strong revenue growth and increased AUM. Read more.

Shriram Finance Raises USD 468 Million Social Loan

June 3, 2024 12:26

Shriram Finance secures USD 468 million multi-currency social loan from BNP Paribas, DBS Bank, HSBC, and Sumitomo Mitsui Banking Corporation to expand financial services for small businesses and...

Dvara KGFS Reports 230% Rise in FY'24 Net Profits

May 31, 2024 16:23

Dvara Kshetriya Gramin Financial Services (Dvara KGFS) announced a significant increase in net profit for FY'24, driven by strong loan portfolio growth and improved operational efficiency.

India-Singapore Pact: Boosting Ties in Green Economy, Digitalization & More

May 28, 2024 17:40

India and Singapore are set to finalize key agreements to strengthen ties in areas like green economy, digitalization, energy, food security, and skill development.

Sundaram Finance Q4 Net Profit: Rs 386 cr

May 24, 2024 19:06

Sundaram Finance reported a net profit of Rs 386 crore for Q4 FY24, with total disbursements reaching Rs 26,163 crore. Read more about the company's financial performance and outlook.

Moneyboxx Finance Q4 Profit Soars, AUM Grows 112%

May 21, 2024 16:16

Moneyboxx Finance, a small business lender, reported a significant jump in net profit for the March quarter, driven by AUM growth and branch expansion. Learn more.

Muthoot FinCorp Reports Record Loan Disbursements in FY24

May 21, 2024 15:47

Muthoot FinCorp recorded its highest-ever loan disbursements in FY24, reaching Rs 61,703.26 crore, an 18.6% increase year-on-year. The company's net profit also saw a significant rise.

PGIM India Aims to Double AUM to Rs 50,000 Crore

May 20, 2024 14:37

PGIM India Asset Management plans to double its AUM to Rs 50,000 crore in the next 2-3 years, driven by product expansion and SIP focus.

Kinara Capital's Profit Soars 51% in FY24

May 17, 2024 15:39

Kinara Capital, an MSME lender, reported a 51% jump in PAT to Rs 62 crore in FY24, with revenue growth of 47% and increased loan disbursements.

Gold ETFs Surge: Investors Seek Safe Returns

May 14, 2024 22:13

Gold ETFs are gaining popularity in India as investors seek safe haven assets with strong returns. ICRA Analytics highlights the factors driving this trend.

Piramal Invests Rs 600 Cr in Microlender Annapurna Fin

May 13, 2024 18:08

Piramal Alternatives invests Rs 600 crore in Annapurna Finance, a microfinance company, for an undisclosed stake. The investment will fuel the growth of Annapurna's assets under management.

North East Mutual Fund Assets Surge to Rs 40,324 cr

May 13, 2024 14:38

Mutual fund assets in North East India more than doubled in 4 years, reaching Rs 40,324 crore in March 2024. This growth is attributed to increased investor awareness and a growing interest in...

Gold ETFs See First Outflow Since March 2023: Profit Booking Hits AUM

May 12, 2024 12:18

Gold Exchange Traded Funds (ETFs) witnessed a net outflow of Rs 396 crore in April, the first withdrawal since March 2023, driven by profit booking. Despite this, the asset under management (AUM)...

TVS Credit Q4 PAT Surges 33.43% to Rs 148.29 cr

May 10, 2024 15:04

TVS Credit Services Ltd reported a 33.43% rise in Q4 PAT at Rs 148.29 crore, driven by increased demand. The company's AUM stood at Rs 25,900 crore in FY24.

Piramal Enterprises Reports Q4 Profit, Announces Merger

May 8, 2024 19:17

Piramal Enterprises Ltd (PEL) reported a Rs 137 crore profit for Q4, driven by write-backs on taxes and investments. PEL also announced its merger into subsidiary Piramal Capital and Housing...

SMFG Invests Rs 1,300 Cr in SMFG India Credit Co for Expansion

May 7, 2024 16:49

Sumitomo Mitsui Financial Group (SMFG) invests Rs 1,300 crore in SMFG India Credit Co (SMICC) for expansion. The investment will be used to fortify expansion efforts and invest in SMFG Grihashakti,...

Namdev Finvest AUM Crosses Rs 1,200 Cr in FY24

May 7, 2024 16:42

Namdev Finvest, a non-banking financial company focused on small business lending, has seen its assets under management (AUM) almost double to cross Rs 1,200 crore in FY24. The company has expanded...

Infinity Fincorp Secures USD 8 Million Funding

May 2, 2024 13:10

Infinity Fincorp, an NBFC specializing in property loans for MSMEs, secures USD 8 million funding from Archerman Capital, bringing total funding to USD 34 million. The company aims to expand credit...

Infinity Fincorp Secures USD 8 Million Funding

May 2, 2024 13:10

Infinity Fincorp, an RBI-registered NBFC, has secured USD 8 million in funding from Archerman Capital, bringing the total funding raised to USD 34 million. The company focuses on providing tailored...

IvyCap Raises Rs 2,100 Crore for Fund III, Targets Indian Startups

April 30, 2024 19:09

Venture capital firm IvyCap Ventures has raised Rs 2,100 crore for its Fund III, with plans to invest in Indian startups across consumer, health, fintech, and other sectors.

IvyCap Raises Rs 2,100 Cr for Fund III, Targets Indian Startups

April 30, 2024 15:55

IvyCap Ventures closes Fund III with Rs 2,100 crore, focusing on Indian startups. 90% of the fund is from domestic investors, aiming to invest over 12 years.

Poonawalla Fincorp Q4 Profit Surges 67% to Rs 332 Cr

April 29, 2024 18:54

Poonawalla Fincorp's Q4 net profit skyrocketed by 67% to Rs 332 crore, driven by strong growth in interest income and AUM. Read more.

PNB Housing Finance Q4 Profit Surges 57% to Rs 444 Crore

April 29, 2024 16:45

PNB Housing Finance reported a 57% jump in its net profit to Rs 444 crore in Q4 FY24, driven by strong interest income and AUM growth. Read more.

Shriram Finance Q4 Profit Surges 57% to Rs 2,021 Cr, AUM Growth Target 15% in FY25

April 26, 2024 21:07

Shriram Finance reports a strong Q4 FY24 with a 57% jump in net profit to Rs 2,021 crore, driven by lower loan provisions and core income growth. The company aims for a 15% AUM growth in FY25.

SBI Life Q4 Profit Up 4% to Rs 811 Cr - Business News

April 26, 2024 17:08

SBI Life Insurance reported a 4% rise in net profit to Rs 811 crore for the fourth quarter ended March 2024, driven by modest growth in value of new business. Total income rose to Rs 37,567 crore...

hBits Enters Pune, Acquires CyberCity Magarpatta Campus

April 24, 2024 21:10

Fractional ownership platform hBits expands to Pune with the acquisition of CyberCity Magarpatta campus, offering investment opportunities worth Rs 55 crore.

Hybrid Mutual Funds Surge: Rs 1.45 Lakh Crore Inflows in FY24

April 21, 2024 10:55

Hybrid mutual funds witnessed a significant comeback in FY24, attracting Rs 1.45 lakh crore in investments, driven by arbitrage strategies and changing investor preferences. Learn more about the...

LIC Premium Growth Surges 26.41% in March 2024

April 19, 2024 20:04

LIC reported a significant 26.41% increase in total premium collection in March 2024, outperforming other listed insurers. The state-owned insurer holds a 58.87% market share based on premium...

Moneyboxx AUM Crosses Rs 720 Cr, Targets Doubling in FY25

April 18, 2024 16:53

Moneyboxx Finance, a NBFC providing small-ticket business loans, saw its AUM more than double in FY24, reaching Rs 720 crore. The company aims to double its AUM to Rs 1,400 crore by March 2025.

Retail Investor Interest in Mutual Funds Growing - ICRA Analytics

April 17, 2024 17:51

ICRA Analytics reports a doubling of mutual fund folios in the last 5 years, driven by rising retail investor interest. Equity-oriented funds lead the way, with a significant increase in inflows.

Small-Cap Mutual Funds Soar 83% in FY24: Retail Investor Boom

April 17, 2024 12:53

Small-cap mutual fund assets surged 83% to Rs 2.43 lakh crore in FY24, driven by retail investor enthusiasm and a strong market. Learn about the factors driving this growth and potential risks.

Mutual Fund Assets Hit Record High of Rs 53.4 Lakh Crore in FY24

April 16, 2024 15:05

Mutual fund assets surged 35% to a record Rs 53.4 lakh crore in FY24, driven by retail investor participation and strong equity markets. SIP inflows hit Rs 19,300 crore in March.

Co-lending AUM Nears Rs 1 Lakh Cr: RBI Curbs to Slow Personal Loans

April 8, 2024 17:54

Co-lending model AUM nearing Rs 1 lakh crore, but RBI curbs on unsecured lending expected to slow personal loan growth. Read more about the impact on co-lending and asset classes.

NBFC Co-lending AUM Nears Rs 1 Lakh Crore: Crisil

April 8, 2024 17:35

NBFC co-lending AUM is nearing Rs 1 lakh crore, with personal loans accounting for a third of the AUM. The co-lending model allows banks and NBFCs to share risk and rewards.

Muthoot Microfin AUM Rises 32% to Rs 12,194 Cr

April 8, 2024 12:48

Muthoot Microfin's AUM surged 32% to Rs 12,194 crore as of March 31, driven by strong loan disbursement and robust asset quality. The company aims to expand its reach further in FY25.

InvITs & REITs Fundraising Surges 14-fold to ₹17,116 cr in FY24

April 7, 2024 11:46

Investor interest in InvITs and REITs soars, driven by promising returns. Fundraising through these routes hit ₹17,116 crore in FY24, a 14-fold increase year-on-year. Learn more.

Sebi Proposes Relaxing Disclosure Rules for FPIs

February 28, 2024 13:43

Sebi proposes easing disclosure requirements for certain Foreign Portfolio Investors (FPIs) to promote ease of doing business, including university funds and companies with no promoter group.

ARC Sector AUM to Cross Rs 10 Lakh Crore in FY24: Report

February 23, 2024 22:05

India's Asset Reconstruction Companies (ARCs) sector is projected to reach Rs 10 lakh crore in AUM this fiscal, driven by increased bad loan sales. However, growth is expected to moderate in FY25.

CVC Capital Raises USD 6.8 Billion for Asia Investments

February 21, 2024 21:35

Private equity firm CVC Capital Partners has raised USD 6.8 billion for investments in Asia, with a focus on consumer and services sectors. The fund will invest in high-quality businesses and aims...

Strata Delivers 13-14% ROI on Real Estate Investments

February 15, 2024 21:44

Strata, a fractional real estate ownership platform, reports 13-14% returns for investors in two years, driven by its focus on grade-A commercial properties.

HDFC Bank Closes Home Loan Gap with SBI: Rs 6.84 Lakh Crore Book

February 15, 2024 19:40

HDFC Bank's home loan book reaches Rs 6.84 lakh crore, closing the gap with SBI. The bank added over 20% of incremental home loan sales in the December quarter.

Nuvama Wealth Profit Doubles to Rs 178 Cr in Q3

February 13, 2024 21:21

Nuvama Wealth Management's net profit surged to Rs 178 crore in Q3 FY24, driven by strong growth in fee-based businesses. The firm also announced a new realty fund with Cushman and Wakefield.

Nuvama Wealth Profit Doubles to Rs 178 Cr in Q3

February 13, 2024 20:51

Nuvama Wealth Management's net profit surged to Rs 178 crore in Q3, driven by strong growth in fee-based businesses and a one-time income from demerger. Its AUM also grew to Rs 2.4 lakh crore.

Gold ETFs Surge in January, Attracting Rs 657 Cr

February 13, 2024 17:05

Gold ETFs saw a significant inflow of Rs 657 crore in January, driven by safe haven demand amid geopolitical tensions and US inflation. Learn more about the growth of gold ETFs in India.

Maharashtra Leads Mutual Fund AUM, Smaller States Catch Up

February 13, 2024 16:53

Maharashtra dominates India's mutual fund industry AUM, contributing over Rs 21 lakh crore. Smaller states like Manipur are catching up with growing retail investor interest and AMC expansion.

Credit Fair & Jakson Solar: Affordable Solar Finance

February 13, 2024 16:02

Credit Fair partners with Jakson Solar to offer affordable financing for solar equipment, targeting individuals, MSMEs, and institutions. Get loans up to Rs 50 lakh for clean energy.

LIC Q3 Profit Surges 49% to Rs 9,444 Crore

February 9, 2024 21:37

LIC reported a 49% jump in net profit to Rs 9,444 crore in Q3 FY24, driven by higher net premium income. Its AUM also increased to Rs 49.66 lakh crore, registering a growth of 12%.

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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