Nbfc
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India Ratings maintains negative outlook on NBFCs, HFCs for H2 FY21
Business | Sep 24, 2020, 03:41 PM ISTDomestic rating agency India Ratings and Research on Thursday said it has maintained a negative outlook on non-banking financial companies (NBFCs) and housing finance companies (HFCs) for the second half of 2020-21.
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NBFCs to look for growth opportunities in offshore markets: Fitch
Business | Dec 10, 2019, 11:31 AM ISTIndia's non-banking financial companies will look increasingly to offshore financing as local funding conditions may remain under pressure, Fitch Ratings said on Tuesday.
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NBFC/HFC bankruptcy provisions positive for banks: Moody's
Business | Nov 25, 2019, 02:02 PM ISTOn November 20, the Reserve Bank superseded the DHFL board and appointed an administrator and said it would begin bankruptcy process for the crippled company that owes close to Rs 90,000 to the system.
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NBFC crisis has peaked but not ended yet: FM Nirmala Sitharaman
Business | Jul 06, 2019, 07:55 PM ISTFinance Minister Nirmala Sitharaman on Saturday said the non-banking finance company (NBFC) sector crisis has plateaued but not ended yet and her ministry will monitor the emerging situation with the RBI, a day after she announced a slew of measures to address the lending concerns of the NBFCs.
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RBI extends relaxed norms for NBFC loan securitisation till December 31
Business | May 29, 2019, 09:59 PM ISTThe RBI Wednesday extended minimum holding period requirement for NBFCs to raise funds via loan securitisation to help the sector overcome liquidity shortage.
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No liquidity crunch in NBFCs, inflation under control: RBI
Business | Oct 30, 2018, 06:42 PM ISTThe RBI also underlined that inflation was under control and that the $75-billion currency swap agreement with Japan announced on Monday would provide additional resources to the country.
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NBFC stocks continue free fall, tank up to 18.5% on liquidity concerns
Business | Oct 19, 2018, 06:33 PM ISTShares of PNB Housing Finance dived 18.55 per cent, Indiabulls Housing Finance plunged 17.06 per cent, DHFL slumped 10.37 per cent, Mahindra & Mahindra Financial Services fell by 3.20 per cent, Ujjivan Financial Services declined by 0.82 per cent and Shriram Transport Finance softened by 0.21 per cent on the BSE.
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Government stake dilution not sufficient for Basel III: RBI
Jan 10, 2015, 02:02 PM ISTKolkata: The Reserve Bank of India (RBI) today said dilution of government holding in public sector banks (PSBs) may not be sufficient for meeting Basel III capital adequacy norms.“Recently, it has been reported that the
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RBI tightens NBFC norms, tougher rules for deposit-taking companies
Nov 11, 2014, 11:43 AM ISTMumbai: In the wake of public investors increasingly being defrauded in the name of non-banking financial services, RBI today tightened its norms for NBFCs by requiring them to have a much stronger capital base, failing
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RBI allows NBFCs to lend more against gold jewellery
Jan 08, 2014, 10:59 PM ISTMumbai: People seeking loan against gold jewellery can now borrow more, as the Reserve Bank today allowed NBFCs to lend up to 75 per cent of the value of metal from 60 per cent at