IIFL Finance Ltd Share Price IIFL Finance

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NBFCs jump after Cabinet approves partial credit guarantee scheme

9:24 IST, Dec 12

NBFC stocks rose after the Union Cabinet on Wednesday approved a partial credit guarantee scheme for public sector banks (PSBs) to purchase high-rated pooled assets from financially sound NBFCs and housing finance companies.

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DCM Shriram's sugar business commissions 200 KLD Distillery in UP

9:50 IST, Dec 09

The expansion is in-line with earlier commitment of commissioning the distillery capacity in phases over 18-months to provide stability to the sugar business.

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