Page 4 of NBFCs News
Bajaj Housing Finance was listed on the stock exchanges last year, while HDB Financial Services is currently preparing for its…
The adoption of the Expected Credit Loss (ECL) framework, under Ind AS 109, is proving to be a transformative step…
The RBI’s decision in November last year to increase risk weights on bank funding to NBFCs prompted them to diversify…
On October 17, the apex bank had issued directions to the aforementioned microfinance institutions to cease the business of sanctioning…
Taking approval from existing customers poses a major challenge, particularly in semi-urban and rural areas, where many customers do not…
Overall, the NBFC sector remains healthy with sizable capital buffers with capital to risk weighted capital ratio (CRAR) at 26.1%…
The RBI has maintained its outlook that NBFCs are a vital catalyst for development of the Indian economy. However, it…
In terms of collection efficiency, there was an increase in the Net FF% (forward flow) rate from Mar’24 to Apr’24…
The company said it will prioritize projects that contribute to reducing carbon emissions, promoting energy efficiency, and improving air quality…
The loan product is aimed at businesses in tier II towns and beyond to support their working capital needs.
Diversification is also crucial to optimise borrowing cost, given bank funding has become dearer by 20-50 bps over the past…
The organised gold loans expanded at a compound annual growth rate (CAGR) of 25 per cent over the period FY2020-FY2024…
For institutions, interoperability will create a unified data-sharing environment, enabling them to access customer financial data from various sources without…
A priority sector fund by the NABARD to refinance CSA farmer portfolios of banks and NBFCs can be established, the…
After reporting a growth of over 80 per cent and 70 per cent in fiscals 2023 and 2024, respectively, NBFCs’…
Growth for gold-loan NBFCs, CRISIL said, has also been supported by favourable movement in gold prices. Moreover, given their robust…
A slowdown in key segments like automobile and microfinance, and elevated competition from banks in secured segments like mortgage loans…
Given the changing business dynamics, monitoring the incipient risk of the MSMEs becomes imperative. The low risk and falling delinquency…