ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

NBCC Ventures into NBFC Sector
ECONOMY & POLICY

NBCC Ventures into NBFC Sector

NBCC's decision to establish its own NBFC comes as part of its broader strategic vision to expand its business horizons and create additional value for stakeholders. By entering the financial services arena, NBCC aims to leverage its extensive expertise in project management and infrastructure development to tap into new opportunities and bolster its financial standing.

The move is expected to yield substantial benefits for NBCC, with projections indicating potential savings of over $100 million. This significant cost-saving opportunity underscores the company's commitment to maximising efficiency and optimising financial resources.

With the establishment of its NBFC arm, NBCC intends to offer a diverse range of financial products and services tailored to meet the evolving needs of its clients. From project financing to investment banking solutions, NBCC aims to carve a niche for itself in the competitive financial services landscape.

Furthermore, NBCC's foray into the NBFC sector aligns with the government's agenda of promoting infrastructure development and facilitating easier access to financing for construction projects. By bridging the gap between demand and supply of capital in the infrastructure sector, NBCC aims to contribute towards the nation's economic growth and development.

The move also reflects NBCC's proactive approach towards adapting to changing market dynamics and exploring new avenues for growth. As the company embarks on this new venture, it remains committed to upholding its core values of integrity, excellence, and customer satisfaction.

In conclusion, NBCC's entry into the NBFC sector marks a significant milestone in its journey towards diversification and expansion. With a strong foundation built on years of experience and expertise, NBCC is poised to make a meaningful impact in the financial services arena while creating sustainable value for its stakeholders.

NBCC's decision to establish its own NBFC comes as part of its broader strategic vision to expand its business horizons and create additional value for stakeholders. By entering the financial services arena, NBCC aims to leverage its extensive expertise in project management and infrastructure development to tap into new opportunities and bolster its financial standing. The move is expected to yield substantial benefits for NBCC, with projections indicating potential savings of over $100 million. This significant cost-saving opportunity underscores the company's commitment to maximising efficiency and optimising financial resources. With the establishment of its NBFC arm, NBCC intends to offer a diverse range of financial products and services tailored to meet the evolving needs of its clients. From project financing to investment banking solutions, NBCC aims to carve a niche for itself in the competitive financial services landscape. Furthermore, NBCC's foray into the NBFC sector aligns with the government's agenda of promoting infrastructure development and facilitating easier access to financing for construction projects. By bridging the gap between demand and supply of capital in the infrastructure sector, NBCC aims to contribute towards the nation's economic growth and development. The move also reflects NBCC's proactive approach towards adapting to changing market dynamics and exploring new avenues for growth. As the company embarks on this new venture, it remains committed to upholding its core values of integrity, excellence, and customer satisfaction. In conclusion, NBCC's entry into the NBFC sector marks a significant milestone in its journey towards diversification and expansion. With a strong foundation built on years of experience and expertise, NBCC is poised to make a meaningful impact in the financial services arena while creating sustainable value for its stakeholders.

Next Story
Resources

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India’s first Rent Credit Scoreâ„� platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe’s payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyleâ€�. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India â€� from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loansâ€� long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement