NBFC

Indian NBFCs' asset quality stays vulnerable, Muthoot bright spot: Moody's

Indian NBFCs' asset quality stays vulnerable, Muthoot bright spot: Moody's

"Various types of support measures for borrowers meant that Indiabulls and IFFL Finance's asset quality remained stable in the first half...Read More

RBI allows banks, NBFCs to co-lend to priority sectors

RBI allows banks, NBFCs to co-lend to priority sectors

"In terms of the CLM, banks are permitted to co-lend with all registered NBFCs (including HFCs) based on a prior agreement. The co-lendin...Read More

NBFCs approach RBI for inclusion as beneficiaries to on-tap TLTRO Mumbai

NBFCs approach RBI for inclusion as beneficiaries to on-tap TLTRO Mumbai

Non-banking financial companies (NBFCs) have written to the Reserve Bank of India (RBI) to include them as beneficiaries for availing fun...Read More

NBFCs approach RBI for inclusion as beneficiaries to on-tap TLTRO

NBFCs approach RBI for inclusion as beneficiaries to on-tap TLTRO

Non-banking financial companies (NBFCs) have written to the Reserve Bank of India (RBI) to include them as beneficiaries for availing fun...Read More

Bajaj Finance Q2 net profit falls 36% to Rs 965 crore

Bajaj Finance Q2 net profit falls 36% to Rs 965 crore

The non-banking finance company had posted a net profit of Rs 1,506 crore in the July-September quarter a year ago.

India Ratings maintains negative outlook on NBFCs, HFCs for H2 FY21

India Ratings maintains negative outlook on NBFCs, HFCs for H2 FY21

It said growth in assets under management would be flattish for NBFCs as against its earlier estimate of 8-10 per cent y-o-y, and in lowe...Read More

NBFC delinquencies may rise up to 250 bps in FY21: Crisil

NBFC delinquencies may rise up to 250 bps in FY21: Crisil

Non-banking financial companies (NBFCs) are likely to see up to 250 basis points (bps) increase in their delinquencies in the current fis...Read More

By Diwali, NBFC’s collection efficiency to normalise

By Diwali, NBFC’s collection efficiency to normalise

CNew Delhi, Sep 9 (PTI) NBFCs have ramped-up their collection infrastructure aggressively and growth is visible across product segments, ...Read More

Finance Minister asks banks to roll out loan restructuring scheme by Sep 15

Finance Minister asks banks to roll out loan restructuring scheme by Sep 15

The minister urged lenders to immediately put in place a board-approved policy for resolution at the review meeting with heads of schedul...Read More

All NBFCs can now provide MSMEs loans against dues via TReDS

All NBFCs can now provide MSMEs loans against dues via TReDS

So far only a selected NBFCs and banks were on the platform and could give the discount loans to MSMEs.

Bank lending to NBFCs jumps 190 bps to 8.8% since September 2018

Bank lending to NBFCs jumps 190 bps to 8.8% since September 2018

Amid continuing calls for more bank loans to non-banking lenders, the latest data showed that banks have already been lending more to the...Read More

Personal loan most preferred loan type disbursed by NBFC-fintechs

Personal loan most preferred loan type disbursed by NBFC-fintechs

Fintech companies saw a growth of 92 per cent in their portfolio outstanding between December 2018 and December 2019, according to a join...Read More

Loan recast: NBFCs' refinancing needs likely to increase, says report

Loan recast: NBFCs' refinancing needs likely to increase, says report

Last week, RBI gave permission to lenders to go for one-time restructuring of corporate and personal loans facing stress due to the disru...Read More

ICRA flags banks, NBFCs’ asset risks

ICRA flags banks, NBFCs’ asset risks

The six-month moratorium given by RBI ends on August 31 and the note from Icra comes on the eve of RBI's credit policy review, where the ...Read More

NBFC assets may de-grow 1-3 pc in FY21: Crisil

NBFC assets may de-grow 1-3 pc in FY21: Crisil

Assets under management of non-banking financial companies are likely to witness a decline in the current fiscal as fresh disbursements h...Read More

PM Modi to meet chiefs of banks, NBFCs on Wednesday

PM Modi to meet chiefs of banks, NBFCs on Wednesday

PM Narendra Modi will chair a high-level meeting with chiefs of banks and non-bank financial institutions (NBFCs) on Wednesday to take st...Read More

Stressed NBFCs, HFCs seek about Rs 10,000-cr financing support under special liquidity scheme

Stressed NBFCs, HFCs seek about Rs 10,000-cr financing support under special liquidity scheme

The scheme was launched on July 1. The Reserve Bank of India (RBI) has provided funds for the scheme by subscribing to government-guarant...Read More

Govt approves scheme for providing liquidity to non-bank lenders: RBI

Govt approves scheme for providing liquidity to non-bank lenders: RBI

Under the special liquidity scheme, the SPV will purchase the short-term papers from eligible non-banking financial companies (NBFCs)/ho...Read More

RBI moratorium extension: Bank and NBFC stocks feel jittery

RBI moratorium extension: Bank and NBFC stocks feel jittery

Bank and NBFC stocks on Friday tumbled up to 6 per cent after the Reserve Bank of India (RBI) extended moratorium on loan repayments."Mar...Read More

Package for financial sector to ease asset risks, but won't fully offset COVID-19 blow: Moody's

Package for financial sector to ease asset risks, but won't fully offset COVID-19 blow: Moody's

The government last week announced a support package of Rs 3.70 lakh crore for micro, small and medium enterprises (MSME) sector, Rs 75,0...Read More

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