NBFC

RBI increases lending limit of Micro Finance Institutions to Rs 1.25 lakh

RBI increases lending limit of Micro Finance Institutions to Rs 1.25 lakh

Mumbai: The Reserve Bank of India has raised the lending cap for microfinance institutions to Rs 1.25 lakh, against the earlier limit of ...Read More

IL&FS blow: Number of bankrupt real estate developers doubles

IL&FS blow: Number of bankrupt real estate developers doubles

Since the collapse of the key non-banking financial company (NBFC), as many as 421 real estate developers entered bankruptcy court by the...Read More

No liquidity problems faced by financial institutions: Nirmala Sitharaman

No liquidity problems faced by financial institutions: Nirmala Sitharaman

New Delhi: Describing her meeting with the bankers as a "tonic", Finance Minister Nirmala Sitharaman said on Thursday that there is no li...Read More

And now, loan melas under ‘shamianas’

And now, loan melas under ‘shamianas’

In 200 districts with NBFCs and retail borrowers -- a sort of loan fair -- between now and September 29; another 200 districts will see s...Read More

Need modulated reforms for evolved economic slowdown

Need modulated reforms for evolved economic slowdown

Indian economic scenario is in an evolutionary state but going through a painful transition of persistent slowdown. Entrenched weak senti...Read More

RBI for Rs 200 crore min cap for on tap licence small banks

RBI for Rs 200 crore min cap for on tap licence small banks

Releasing the draft guidelines for 'on tap' licensing of SFBs in the private sector, the RBI said existing non-banking financial companie...Read More

SIAM says recent relief measures ineffective, calls for reduction in GST on automobiles to spur demand

SIAM says recent relief measures ineffective, calls for reduction in GST on automobiles to spur demand

The sector has been going through a slowdown for the past few months due to several reasons including, high goods and services tax (GST) ...Read More

Biscuits to automobiles: How real is India’s economic slowdown?

Biscuits to automobiles: How real is India’s economic slowdown?

Hindustan Unilever marked only 6.61% revenue rise year-on-year, bring down the weekly collection at only 5% year-on-year which are lowest...Read More

Sebi to ease buyback norms for companies with housing finance, NBFC arms

Sebi to ease buyback norms for companies with housing finance, NBFC arms

New Delhi: Capital markets regulator Sebi is planning to ease its norms for buyback of shares by listed companies, especially those havin...Read More

Sensex, Nifty end with small gains; banks, auto stocks drag

Sensex, Nifty end with small gains; banks, auto stocks drag

Sensex erased gains of 300 points in the later part of the session to close higher by only 52.16 points or 0.14 per cent.

Persistent wane weighs on economy

Persistent wane weighs on economy

There has been a distinct persistent slowdown of the Indian economy for more than a year. This is reflected in the lower GDP growth of 6....Read More

‘Key IL&FS committees didn’t meet for years’

‘Key IL&FS committees didn’t meet for years’

As the liquidity crunch in the non-banking finance company (NBFC) sector, which came to light with the IL&FS crisis, continues to drag th...Read More

‘More forced lending to NBFCs can land banks in trouble’

‘More forced lending to NBFCs can land banks in trouble’

The recent steps by the Reserve Bank to encourage banks to increase lending to non-banking finance companies and retail borrowers are lik...Read More

Governor Shaktikanta Das: Will not allow any large NBFC to collapse

Governor Shaktikanta Das: Will not allow any large NBFC to collapse

The comments come at a time when a large number of non-banking financiers and a few housing finance companies are facing severe liquidity...Read More

‘government steps to aid NBFC fund flow a short term relief’

‘government steps to aid NBFC fund flow a short term relief’

The government measures to provide partial credit guarantee to public sector bank on their asset purchases from NBFCs can ease funding pr...Read More

JP Morgan shuts one of its NBFCs in India, surrenders licence

JP Morgan shuts one of its NBFCs in India, surrenders licence

Responding to a Right to Information (RTI) query, the Reserve Bank of India (RBI) said 45 companies have surrendered their NBFC licences ...Read More

Mahindra and Mahindra shares plunge 15% on weak first-quarter results

Mahindra and Mahindra shares plunge 15% on weak first-quarter results

Mahindra and Mahindra Financial Services Ltd shares slumped by 15% in intraday trade today after the non-banking finance company (NBFC) p...Read More

HDFC ERGO General Insurance ties up with Muthoottu Mini Financiers Ltd.

HDFC ERGO General Insurance ties up with Muthoottu Mini Financiers Ltd.

Mumbai: HDFC ERGO General Insurance Company, India's leading private sector general insurance company and Muthoottu Mini Financiers Ltd.,...Read More

Piramal sharply cuts short term borrowings as NBFC crisis lingers

Piramal sharply cuts short term borrowings as NBFC crisis lingers

Recognising the negative sentiment on NBFCs, the company has shifted its borrowing mix towards longer-term sources of funds

Govt to provide credit guarantee to PSBs to buy NBFC assets

Govt to provide credit guarantee to PSBs to buy NBFC assets

FM said NBFCs are playing an important role in sustaining credit demand and maintaining capital formation in small and medium industrial ...Read More

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