Non-Banking Financial Companies

CWD receives Rs 24 crore order for sound boxes from leading NBFC

This order follows a previous announcement of a ₹100 crore order for CWD Limited’s design, development, and manufacturing services related to their sound box product line.

Digital NBFC Avanti Finance raises $15 million in Series A funding round

With the freshly raised funds, the company has completed its Series A funding round, amassing a total of $41 million or Rs 306 crores in a mix of equity and debt.

RBI announces scale-based regulations for NBFCs, Check details here

As per the announcement made by the RBI, the new SBR framework will take under its wing different aspects of regulations for NBFCs, covering characteristics such as capital requirements, governance standards and prudential regulations, among others. 

Budget 2021: Gita Gopinath provides suggestions to Nirmala Sitharaman