NBFC

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

NBFCs urge RBI to allow draw-down from reserves for provisioning

NBFCs urge RBI to allow draw-down from reserves for provisioning

NBFCs appropriate pro Statutory and Other Reserves, and utilization of these reserves is governed by the statute requiring its creation.

RBI may extend moratorium on loans by another 3 months

RBI may extend moratorium on loans by another 3 months

Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RB...Read More

Finance Commission's advisory panel for supporting small business, NBFCs

Finance Commission's advisory panel for supporting small business, NBFCs

The Advisory Council also felt that the magnitude of the impact of these developments on public finances is uncertain but will certainly ...Read More

IIFL Wealth Finance acquires L&T Capital Markets for Rs 230 cr

IIFL Wealth Finance acquires L&T Capital Markets for Rs 230 cr

L&T Finance Holdings on Friday said it has sold its wholly-owned subsidiary L&T Capital Markets (LTCM) to IIFL Wealth Finance for Rs 230 ...Read More

RBI measures for NBFCs unlikely to boost credit flow to broader economy, says Moody's

RBI measures for NBFCs unlikely to boost credit flow to broader economy, says Moody's

The Reserve Bank of India's (RBI) measures to help facilitate funds to the NBFC sector are unlikely to boost the credit flow to the broad...Read More

RBI’s second dose: A true booster to increase liquidity and credit flow

RBI’s second dose: A true booster to increase liquidity and credit flow

With a clear aim to increase liquidity and credit flow, the Reserve Bank of India (RBI) announced a slew of regulatory measures. This was...Read More

‘NBFCs to face liquidity pressure on lack of clarity on moratorium’

‘NBFCs to face liquidity pressure on lack of clarity on moratorium’

According to a report by rating agency Crisil, Nonbanking finance companies (NBFCs) face a double whammy because they are offering morato...Read More

How will RBI's repo rate cut, other monetary policies help the economy? Hear it from the industry experts

How will RBI's repo rate cut, other monetary policies help the economy? Hear it from the industry experts

In the wake of coronavirus outbreak, RBI Governor Shaktikanta Das announced slew of measures to keep the economy afloat during trying tim...Read More

Efforts on to include G-Secs in global indices soon: Shaktikanta Das

Efforts on to include G-Secs in global indices soon: Shaktikanta Das

The development would attract higher foreign flows as many overseas funds are mandated to track global indices

'Consumer lending growth slips to 13%’ in Dec quarter'

'Consumer lending growth slips to 13%’ in Dec quarter'

Amid the slowing growth, consumer loan delinquencies showed an uptick, with the NBFC

‘NBFC crisis poses more NPA risks for banks’

‘NBFC crisis poses more NPA risks for banks’

Mumbai: The continuing liquidity crunch facing non-banking financial companies is likely to result in increasing bad loans risks for bank...Read More

NBFC loan growth set to hit a decadal low of 6-8%: Report

NBFC loan growth set to hit a decadal low of 6-8%: Report

With the headwinds unlikely to dissipate soon, non- banks, especially the wholesale-focused ones without strong parentage

Nod to partial credit guarantee scheme for PSBs

Nod to partial credit guarantee scheme for PSBs

New Delhi: The Union Cabinet gave nod to a partial credit guarantee scheme for public sector banks (PSBs) to purchase high-rated pooled a...Read More

HDFC: Key Beneficiary of NBFC Crisis

HDFC: Key Beneficiary of NBFC Crisis

HDFC will likely emerge as the winner in the current NBFC consolidation

Ujjivan Small Finance Bank IPO: Looks attractive! But what lies beneath the surface?

Ujjivan Small Finance Bank IPO: Looks attractive! But what lies beneath the surface?

What is Ujjivan Small Finance Bank?The promoter/holding company, Ujjivan Financial, was established in 2005 as an NBFC, specializing in m...Read More

FinMin wants RBI to look into buying top NBFCs’ toxic asset

FinMin wants RBI to look into buying top NBFCs’ toxic asset

According to sources, the discussions are going on, although the central bank is not very keen.

Present Indian economic crisis bigger than 2008’s: Goldman

Present Indian economic crisis bigger than 2008’s: Goldman

Many people attribute the deepening slowdown in consumption to the NBFC crisis that began in September 2018 when IL&FS went belly up foll...Read More

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

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