NBFCs in Kerala to work till 1 pm during lockdown
May 07, 2021
NBFC association urges customers to make use of digital services offered by the companies
The Association of Non-Banking Finance Companies has said they have been given approval to open for the public from 10 am to 1 pm during lockdown days.
Thomas George Muthoot, President, Association of Kerala Non-banking Finance Companies (KNBFC), said the operations will be strictly under Covid protocols for the health and safety of their customers and staff members.
He requested the public to make use of the digital services offered by the leading NBFCs in the state. Back-end offices of the NBFCs will support the branch and digital operations, while apps can be used for loan repayment, EMIs and loan top-ups.
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Oman ORIX raises $25m bilateral term facilities from regional banks
887900
MUSCAT -
Jan 3: Oman ORIX Leasing Company SAOG, one of the leading Non-Banking Finance Companies in Oman, has successfully raised $25 million bilateral term facilities from regional banks.
The term facilities were provided by BBK BSC and the National Bank of Ras Al Khaimah (RAKBANK) and will be utilised by Oman ORIX to fund its leasing finance business. Alpen Capital LLC, Oman acted as the sole financial adviser to the transaction.
The signing ceremony with BBK was attended by Prasenjit Mandal, Department Head Institutional Banking, Shahin Mohammed Ahmed al Balushi, Chief Executive Officer, Oman ORIX along with other senior executives from both organisations and Alpen Capital.