Page 17 of NBFC

ECB approval, extra commercial borrowings, ECB,

This will represent a growth of 4-11% over issuances of Rs 6.8 trillion in FY22.

November 11, 2022 00:05 IST

FE CFO Conclave 2022: Liquidity management is the top priority post pandemic

In a risk management perspective, companies have to be ready for crisis management, D Sundaram, vice chairman of TVS Capital…

Updated: September 22, 2022 14:50 IST

FIDC seeks dedicated refinance body

Considering the high vulnerability of small borrowers, including MSMEs, there is a strong case for having differential prudential norms for…

September 22, 2022 01:45 IST

NBFCs turn around, likely to expand AUMs by 11-12% by FY23: Report

The sector saw a slowdown between FY20 and FY22 with their AUM growing at a modest 2-4%, rating agency Crisil…

September 13, 2022 07:36 IST

NBFC bad loans rising

Sector-wise, industries account for 41% of the total lending followed by retail and services.

August 24, 2022 04:45 IST

Enough of sweet deals

RBI and Sebi are right in wanting to make sure that PEs or fintechs don’t benefit at the cost of…

August 23, 2022 04:30 IST

Asset quality of NBFCs, Asset quality of NBFCs in 2022, Asset quality of NBFCs in Q3FY22

Asset quality of NBFCs worsened in Q3FY22: RBI paper

The profitability of the NBFC sector improved in Q3FY22 compared to the corresponding quarter in FY21 as the economy shook…

August 19, 2022 05:00 IST

Poonawalla Fincorp aims AUM of Rs 42,000 crore by March 2025

Poonawalla Fincorp promoted NBFC with a majority stake owned by Rising Sun Holdings — a company owned and controlled by…

August 10, 2022 02:40 IST

RBI to widen Internal Ombudsman mechanism by including CICs

The Reserve Bank-Integrated Ombudsman Scheme (RB-IOS) has improved the customer grievance redressal mechanism.

August 5, 2022 14:05 IST

Net interest income (NII) rose by 26% y-o-y to Rs1,610 crore led by higher loan growth. Net interest margin (NIM) for the quarter was 2.54% as of June 30 as against 2.20% in the previous year.

Will continue with loan rate reset on quarterly basis: LIC Housing Finance

While LIC Housing Finance will continue resetting interest rates on a quarterly basis for all borrowers, the management can take…

August 5, 2022 02:30 IST

Data and analytics top priority for lenders for next 1-3 years: Report

The firm conducted survey of 164 senior risk decision-makers from banking, fintech, and non-banking lending organisations in India, Indonesia and…

August 3, 2022 08:05 IST

Our provisions for bad debt will fall in the coming quarters: Mahindra Finance MD Ramesh Iyer

Q1FY23 has been relatively benign in terms of asset quality performance for Mahindra Finance and credit costs could trend down…

August 3, 2022 04:00 IST

Chola eyes 20-25% growth in disbursements in FY23

The aggregate disbursements of Chola in Q1 FY23 were at Rs 13,329 crore as against Rs 3,635 crore in Q1…

August 3, 2022 01:20 IST

Piramal Enterprises gets RBI nod to start NBFC business

“The RBI has granted a certificate of registration to the company to commence the business of non-banking financial institution without…

July 27, 2022 07:59 IST

Ashwani Rawat, co-founder & director, Transerve; Hemant Vishnoi, co-founder, EnKash; and Tanesh Gagnani, executive director, Akasa Finance

Non-banking financial companies: Big data helping serve small loanees

New-age NBFCs are using emerging technologies to expand customer base and provide round-the-clock services and support

July 21, 2022 02:45 IST

"We continue to maintain the growth estimate for FY2023 for NBFCs and HFCs (excluding infra-financing entities) at 9-11 per cent," it added.

NBFCs, HFCs asset under management likely to grow at 9-11 pc in FY23: Report

Incrementally, in view of the increasing interest rate scenario and competitive pressures, entities may look to increase the share of…

July 20, 2022 17:26 IST

Banks can also improve their retail and priority sector targets through securitisation, ratings agency Crisil said in a report.

Higher volumes could turn securitisation into key funding source for NBFCs: Crisil

Foreign financial institutions, including banks, acquired 17% of all assets securitised. A stable market environment could mean deeper participation by…

July 15, 2022 00:30 IST

On a sequential basis however, banks posted 8.1% growth in microfinance loan portfolio, marginally lower than NBFC-MFI growth of 8.2% but higher than 7.1% growth posted by SFBs.

Banks cede market share in microfinance loans to non-banking finance companies-microfinance institutions, small finance banks

The top 5 best performing lenders have loan overdue of more than 30 days of 1.5% of their cumulative GLP,…

July 14, 2022 01:15 IST

Related News

Aadhaar Card update October 2025: Here’s how to change name, address, date of birth and phone number online in simple steps

Who is Alexandr Wang? The 28-year-old hired by Mark Zuckerberg for $14 billion to head Meta’s Superintelligence Labs

Google manager quits Rs 3.4 crore job, says ‘the work was pleasant, but…’

Yashasvi Jaiswal, test cricket, sachin tendulkar, Yashasvi Jaiswal test runs, Yashasvi Jaiswal test rankings, Yashasvi Jaiswal vs west indies, sports insights

After Sachin Tendulkar, India finally has a young test superstar

Who was Konstantin Galish? Ukrainian crypto blogger found dead in Lamborghini amid market crash

The Big Idea: E-commerce on the move

Business2 hr ago

Saahil Goel, MD and CEO of Shiprocket, along with his co-founders Gautam Kapoor, Vishesh Khurana, and Akshay Ghulati, started the company in 2012 after realizing the lack of affordable technology, shipping, and payment options for small businesses in India. They have since raised Rs 260 crore in funding and have helped over 100,000 small businesses reach 100 million Indian online shoppers.

View all shorts