![HDFC Credila Cashes In On Rise In Study Loans](https://images.assettype.com/fortuneindia%2F2024-07%2F3bbe6019-e496-46ff-b9b1-b3c2bb4a649d%2FCredila_1.jpg?w=300&q=95)
HDFC Credila Cashes In On Rise In Study Loans
India’s largest education loan financier grew its book significantly after global investors EQT and ChrysCapital came on board.
India’s largest education loan financier grew its book significantly after global investors EQT and ChrysCapital came on board.
The company said that this decision would not have a significant impact on its revenue or operations.
The IPO of Warburg Pincus-backed company comprises fresh issue of equities worth up to ₹1,000 crore and an OFS of up to ₹2,500 crore.
It has been observed in some micro finance institutions and NBFCs that the interest rates on small value loans are high and appear to be usurious, says Shaktikanta Das
Tata Motors Finance with an AUM of ₹32,500 crore predominantly provides financing solutions for new and old commercial vehicles (CV), passenger vehicles (PV), dealers and vendors.
Moody's says NBFCs' profitability will moderate somewhat in the next 12-18 months as funding costs for them will increase.
Shriram Finance holds a controlling stake in SHFL while private equity firm Valiant Partners L.P., Mauritius, holds the remaining ownership.
After six months, the RBI has removed restrictions on Bajaj Finance’s two products after the remedial actions taken by the company.
The board of directors of IREDA is scheduled to meet on March 28 to consider and approve the borrowing programme for FY25.
The amalgamation will result in compliance with the regulations of the Reserve Bank of India (RBI) which require the mandatory listing of Aditya Birla Finance by September 30, 2025.