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
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States’ share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?