Non-banking finance companies (NBFCs) and corporates have resorted to structured deals to raise long-term funds, says CARE Ratings.    According to the note, structured notes market witnessed recovery in growth of issuances in the nine-months ended 31 December 2018 (9MFY19) after an...

L&T Finance (LTF), a systemically important non-banking finance company (NBFC) plans to raise Rs1,500 crore from the capital market through secured non-convertible debentures (NCDs). This issue of NCDs will be the first tranche of a series of borrowings planned by the...

The Employees' Provident Fund Organisation (EPFO) board here on Thursday raised the interest rate on Employees' Provident Fund (EPF) by 10 basis points to 8.65 per cent for 2018-19. It will benefit around 5 crore people of the salaried class.   "In today's CBT meeting, the main agenda...

Muthoot Finance, a non-banking finance company (NBFC) known for providing personal and business loans against gold or gold jewellery, plans to raise Rs750 crore through an issue of secured non-convertible debentures (NCDs). Subscriptions to the NCD commenced on 14 February 2019 and will end...

Indiabulls Consumer Finance Limited (IBCFL), a fully-owned subsidiary of Indiabulls Ventures Limited, is a non-banking finance company (NBFC) engaged in providing personal loans of Rs50,000 to Rs3 lakh to consumers and business loans ranging between Rs10 lakh and Rs25 lakh to small- and...