NBFCs

NBFCs News

Budget Expectation: Liquidity support system for NBFCs to Parity in Income Tax treatment on NPA provisions

The key question for the finance minister in the upcoming Union Budget is how to position NBFCs in the financial…

Updated: January 16, 2023 13:29 IST

Large NBFCs to diversify into SME, used-vehicle loans in FY24, says Crisil; here’s why

Credit and finance for MSMEs: Unsecured loans, which make up for 8-10 per cent of assets under management (AUM) of…

November 30, 2022 12:42 IST

NBFC-MFI Fusion MicroFinance posts 30X jump in Q2 PAT; AUM grows 54%

Credit and finance for MSMEs: Fusion MicroFinance’s assets under management (AUM) grew 54.46 per cent YoY from Rs 5,209 crore…

November 29, 2022 13:29 IST

NBFC-MFIs’ profitability likely to remain lower than pre-Covid level in FY23: CareEdge Ratings

Credit and finance for MSMEs: As on March 31, 2022, the NBFC-MFIs had witnessed improvement in profitability with a return…

November 10, 2022 17:44 IST

NBFC-MFI loan book likely to grow 30% in FY23 with resurgence in demand for micro loans: Report

Credit and finance for MSMEs: The YoY growth in NBFC-MFIs loan book had peaked at 66 per cent in FY18…

October 19, 2022 19:57 IST

banking, banking sector, traditional banks, digital banks, digital technologies, internet banking

How does a bank of the future look like?

Advancement in digital technologies and advent of internet banking have pushed the traditional banks in a tight spot.

October 12, 2022 18:33 IST

Aggressive monetary tightening by RBI continues: Can NBFCs stay resilient?

As stated by the RBI governor, there is ‘nervousness in the financial market, the global economy eye of the new…

October 4, 2022 10:04 IST

How to Plan Your Finances with FD Calculator

A fixed deposit calculator is a great tool to help you plan how to grow your savings with FD. Know…

September 28, 2022 16:53 IST

"There is a rise in loan disbursement using the digital channel," Sheth said.

Govt for banks to collaborate with NBFCs and fintech companies, says official

He also said that there is also a push towards the digital route, adding that new-age banking using technology has…

September 23, 2022 17:17 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

FE Best Banks Awards: Banking stalwarts to be honoured today; Chief Guest Nirmala Sitharaman to preside over the function

Nirmala Sitharaman’s presence at the FE Best Bank Awards is going to be of extreme significance as her opinion and…

Updated: September 2, 2022 18:46 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

Currently, there are as many as 39 NBFC-MFIs (Non-Banking Financial Companies-Microfinance Institutions) in the state.

Non-bank microfinance institutions seek lenders’ meet on extension of loan moratorium

“Collections have been impacted in flood-affected areas as microfinance officials are not able to collect repayment collections from the borrowers.…

July 1, 2022 03:15 IST

RBI’s red flag for NBFCs: Shadow banks face tighter supervision

The review of the supervisory architecture will follow a year of regulatory revamp for NBFCs.

May 28, 2022 03:30 IST

RBI’s new NPA norms: ‘Bringing NBFCs at par with banks to be shot in the arm for MSMEs’

Credit and Finance for MSMEs: As the central bank has supported innovation for financial inclusion, the idea of bringing NBFCs…

May 25, 2022 14:38 IST

loan, difference between borrowing, bank, non banking financial companies, NBFCs, fintech players, credit score, secured loans, unsecured loans, gold loan

Looking for a loan? Know the difference between borrowing from a bank/NBFCs and a fintech lender

Apart from the difficult processes, there are also some charges involved in the loan-sanction process.

May 9, 2022 22:40 IST

Impact NBFCs lending to MSMEs, others facing credit crunch; need nearly Rs 3 lakh cr to sustain growth: Study

Credit and Finance for MSMEs: Less than 10 per cent of impact NBFCs have been able to achieve credible scale…

May 9, 2022 14:51 IST

NBFCs seek staggered migration to new norms

Industry executives FE spoke to said companies are seeking some relaxations in implementation and additions to the guidelines in order…

April 30, 2022 05:30 IST

Parity between banks & NBFCs: Senior management at NBFCs to get mix of fixed & variable pay

The RBI mandated that senior personnel engaged in functions like financial control, risk management, compliance and internal audit may be…

April 30, 2022 05:15 IST

Also, delinquencies from some retail accounts restructured under the Reserve Bank of India’s (RBI) Covid-resolution schemes may have increased in March.

EMI bounce rates inch up in March as inflation pinches, moratoria end

In value terms, the bounce rate stood at 22.8%, up 36 bps from February 2022.

April 22, 2022 05:30 IST

Making shadow lenders more accountable: RBI makes disclosure of exposures must for NBFCs

NBFCs will have to make disclosures with respect to exposure to real estate, capital markets and group companies

April 20, 2022 05:20 IST

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