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Tag Archives: NBFC

Indiabulls Ventures commences consumer finance business

Indiabulls Ventures’ (IVL) wholly owned subsidiary – IVL Finance’s networth has increased to over Rs 1,000 crore, through capital investments from IVL. IVL Finance would be undertaking consumer finance business. The consumer finance business is expected to significantly add to the consolidated bottom line of IVL going forward. IVL Finance ... Read More »

Cox & Kings to demerge foreign exchange division into separate entity

Cox & Kings has received an approval for demerger of its foreign exchange division into a separate financial services company to be named Cox & Kings Financial Service (CKFSL). The board of directors at its meeting held on May 30, 2017 has approved for the same. The demerger is effective ... Read More »

Cholamandalam inks pact with Mavin

Cholamandalam Investment and Finance Company has entered into partnership with Mavin, which is into rewards and redemption programmes, for its Chola app. Cholamandalam Investment will offer reward points to its registered customers upon any services they use in the app. Customers would be eligible to redeem the points against vouchers ... Read More »