Tag: Non-banking finance company

Five-Star Business Finance Ltd has revised the growth guidance of its assets under management (AUM) to 35 per cent for the next 2-3 years from earlier guidance of 30 per cent. The upward revision comes after the company posted a strong growth in disbursements and total assets in a seasonally-weak first quarter. Typically June quarter tends to be muted for lenders compared to March. However, the Chennai-based non-banking finance company (NBFC) posted a 43 per cent year-on-year growth in AUM to ₹7,583 crore in April-June quarter as against ₹5,296...