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Tata Trusts has made a plan to free Tata Sons, the main company of Tata Group, from some strict rules and restrictions of RBI. Under this plan, two separate companies of Tata – Tata Electronics and Tata Consulting Engineers will be merged with Tata Sons. That means these three companies will be merged into one….
Mumbai12 minutes ago copy link The Reserve Bank of India has rejected the application of Tata Sons, the holding company of Tata Group, to voluntarily surrender its NBFC registration as a core investment company. After this decision of the Reserve Bank, now Tata Sons will have to follow all the strict rules of Upper-Layer Non-Banking…
News business economy Bank Of America To Acquire Up To 49.9% Stake In Jio Credit Through Joint Venture With Jio Financial Last Updated:August 12, 2026, 10:27 pm IST Mukesh Ambani said the country’s progress toward becoming Viksit Bharat by 2047 demands a financial ecosystem built on scale, trust, and inclusivity. The venture will combine JFSL’s…
Mumbai50 minutes ago copy link Tata Capital, the non-banking financial company (NBFC) of Tata Group, has made a profit of Rs 1,285 crore in the third quarter of the financial year 2025-26. There has been an increase of 39% on annual basis. The company had made a profit of Rs 922 crore in the same…
Mumbai38 minutes ago copy link Jio Financial Services Limited, the non-banking financial company (NBFC) of Reliance Industries, has made a profit of Rs 269 crore in the third quarter of the financial year 2025-26. It has declined by 9% on an annual basis. The company had made a profit of Rs 295 crore in the…
New Delhi: System loan growth has picked up and Q3 FY26 is expected to show better loan growth and improved net interest margins, a report said on Saturday. The report from Elara Capital said the quarter should also see lower slippages in unsecured and microfinance institutional loans and steady recovery trends that may benefit credit…
Last Updated:June 26, 2025, 13:46 is InCred Financial Services is among the NBFCs identified as “middle layer” by RBI Kamath brothers invested Rs 250 crore in IPO-bound InCred Kamath Brothers Investment: Prominent investors and entrepreneurs Nikhil Kamath and Nithin Kamath have acquired a minor stake in InCred Holdings Limited, the parent company of InCred Financial…