Net interest margin (NIM) will remain a key monitorable in the March quarter too as the borrowing cost has continued…
Ajit Velonie, Senior Director, CRISIL Ratings, said, “Co-lending is seen as a win-win for NBFCs and banks alike, as it…
During the post-policy press conference, Das said it’s unfair to view the actions “which occurred on consecutive days last month”…
As we stand at the crossroads of economic evolution, the success of MSMEs is closely tied to their access to…
Kumar Mangalam Birla, Chairman, Aditya Birla Group, said, “The proposed amalgamation will create a strong capital base for Aditya Birla…
Abhishek Dafria, Senior Vice President and Group Head – Structured Finance Ratings at ICRA, said, “The SFBs are witnessing healthy…
Internal Rating Solution (IRS) plays a pivotal role in modern risk management for financial institutions by empowering them to effectively…
Bank credit to agriculture and allied activities was up nearly 20% y-o-y to Rs 19.94 trillion in December, higher than…
The brokerage said a delayed festive season has meant that related demand would be totally captured in the December quarter.
Abhishek Dafria, Senior Vice President and Group Head, Structured Finance Ratings, at ICRA, said, “CRA believes that the RBI’s move…
Growth in the assets under management (AUM) of gold-loan NBFCs has been driven by three factors: ability to hold on…
“NBFCs have steadily expanded their MSME portfolio, addressing the credit needs of the sector and contributing to overall financial inclusion…
The RBI had brought out an approach paper on the National Strategy for Financial Inclusion 2019-2024, which sets forth the…
Digitalization has penetrated the entire spectrum of the financial services sector and new-age NBFCs are leading this wave of tech…
The interest rate of a top-up loan would be in sync with the prevailing home loan rates.
It has delivered net profit of Rs 80 crore in the first half of this financial year.
Millions of craftsmen need access to credit. NBFCs can lend a hand, provided NBFCs themselves have access to alternative sources…
As a rise in cost of funds becomes imminent, some financially-strong fintechs will try to absorb the higher cost.