non banking financial corporation (NBFC)
Dont jump up when you hear or read the news which would say NBFC and PE have merged, thanks to Piramal Capital. Piramal Capital has made the private equity domains an the non banking financial company, Indiareit and Piramal Finance join hands and called for an integrated vertical, now named Piramal Fund Management, says a [...] Continue Reading »
Kolkata-based non banking financial corporation (NBFC) Magma Fincorp has entered the housing finance sector in India. It has acquired the mortgage business of two GE Capital India arms for Rs.1,600 crore. The deal marks the exit of GE Capital’s two decades of home loan business in the country. The concerned GE Capital arms are – [...] Continue Reading »
