Page 8 of NBFCs

NBFCs securitisation volumes to rise 20-25% in FY23, says ICRA

Rating agency ICRA also expect the securitisation market to be largely dominated by the retail asset class which would account…

April 19, 2022 02:00 IST

HDFC Bank, HDFC Ltd, banking sector deals

HDFC merger’s domino effect: Fitch says HDFC twins deal could pave way for more banking M&A deals

“The proposed merger could redefine the competitive landscape for banks, and increase the prominence of M&A among banks seeking to…

April 12, 2022 17:45 IST

NBFCs Q4 assets under management likely to rise 2-4% q-o-q, say analysts

On the asset quality front, NBFCs’ gross non-performing assets (GNPA) are likely to rise to be in Q4FY22 as against…

April 6, 2022 03:30 IST

The reported asset quality indicators have also been supported by sizeable write-offs. (Representative image)

ICRA expects NBFCs’ retail AUM to grow 8-10% in FY23

NBFCs that have aligned with the Reserve Bank of India (RBI)’s November 12 norms on upgradation of bad loans have…

March 15, 2022 00:30 IST

Muthoot Finance shares may rally 26%, brokerages bullish, say ‘buy’ this NBFC stock

Muthoot Finance is Motilal Oswal’s top stock pick among lending NBFCs, given strong execution track record of the management and…

March 3, 2022 14:59 IST

This will align the norms for NBFCs with those for banks. The deadline has now been extended to September 30, 2022.

Extension of RBI deadline: Welcome relief for NBFCs, and borrowers

Extended deadline for norms on NPA recognition, loan upgrading will protect NBFCs’ bottom lines

March 3, 2022 03:15 IST

Housing financiers’ bad loans jump by 70 bps following new asset quality norms: Report

The bad loan pile is expected to stabilise by the end of this quarter, Crisil Ratings said in the report…

February 17, 2022 16:56 IST

“We are in constant touch with RBI officials. Now that they have extended the implementation deadline, we will request them to exempt vehicle loans of up to Rs 25 lakh and micro, small and medium enterprises (MSME) loans from the ambit of the circular,” said a person privy to the developments.

NBFCs to seek exemption of small-value accounts from new NPA norms

On Tuesday, the RBI acceded to the industry’s requests for an extension and granted an additional six months – up…

February 17, 2022 02:45 IST

This high rate of interest constrains the growth of these businesses, which form the backbone of the Indian economy, forming 30% of India’s GDP and 45% of our manufacturing exports.

Budget 2022: Focus on ensuring fund allocation to fintech NBFCs

Businesses that are still reeling from the impact of Covid-19 hold high expectations from the Union Budget 2022.

January 28, 2022 01:00 IST

Amit Gainda, CEO, Avanse Financial, said: “This is a significant milestone as it is the first securitisation transaction in the education loan space, invested by a global financial institution, establishing this segment as an asset class at an international level. It has enabled us to boost our diversified long-term stable funding strategy...”

Avanse Financial raises Rs 357 crore facilitated by Northern Arc

The funds will support expansion of the Avanse’s education financing programme. The organisation’s deep domain expertise, healthy portfolio and robust…

January 28, 2022 00:15 IST

Budget 2022 must align tax regime for NBFCs in line with banks’ taxation

India’s tax laws have not kept pace and hence there are several areas in which NBFCs suffer higher tax cost…

January 26, 2022 12:24 IST

NBFC NPAs: What impact asset classification norms by RBI will have on bad loans in MSME, other segments

Credit and Finance for MSMEs: As per RBI, loan accounts can be upgraded to ‘standard from NPA only if all…

November 16, 2021 09:00 IST

Bank of Baroda, U GRO, U GRO Capital, loans, MSMEs, co lending partnership,, co lending, co lending program, co lending, co lending policy, small business lending fintech platform, micro, small and medium enterprises, MSME, SME, SMB, Shachindra Nath, Shachindra Nath U GRO Managing Director, RBI, Reserve Bank of India, RBI regulation, NBFC, credit risk, CIBIL MSME Rank, CMR, Bank of Baroda Foundation Day, Vikramaditya Singh Khichi, Vikramaditya Singh Khichi Bank of Baroda

Bank of Baroda, U GRO Capital to disburse Rs 1,000 crore loan to MSMEs under co-lending programme

Credit and Finance for MSMEs: Through this programme, MSMEs can raise credit from Rs 50 lakh to Rs 2.5 crore…

July 21, 2021 14:52 IST

Stocks in focus: Biocon, Indiabulls Real Estate, PFC, REC among stocks to hog limelight today

Aavas Financiers, Biocon, Escorts, Indiabulls Real Estate, Escorts, Manappuram Finance, Mahindra Lifespace and Tata Consumer Products are among 18 companies…

May 14, 2020 08:52 IST

micro-finance institutions, NBFC, loan portfolio, micro finance, Ratna Vishwanathan

MFIs gross loan portfolio jumped 84 pc in Q4: MFIN

Micro Finance Institutions saw their aggregate gross loan portfolio grow by 85 per cent to Rs 53,233 crore in the…

May 18, 2016 17:03 IST

NBFCs on a high, 5 stocks that could give good return

On an average, NBFC stocks have given a return of 3 per cent during April 1 and May 5. On…

May 6, 2016 13:30 IST

NBFC retail biz grows in Q2 on credit demand

The retail business of domestic non-banking finance companies, or NBFCs, grew during the second quarter of the current financial year…

Updated: January 28, 2016 01:36 IST

bihar govt, bihar latest, bihar and RBI, RBI and other banks in Bihar, bihar banks, Abdul Bari Siddiqui

RBI issues new guidelines for infrastructure debt funds by NBFCs

The Reserve Bank of India further said that to bring in uniformity, it has been decided to extend the same…

May 15, 2015 11:14 IST

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FM tables Bills to levy excise on tobacco, cess on pan masala

Policy22 min ago

The Finance Minister introduced two new bills in the Lok Sabha to maintain high taxes on ‘sin goods’ like tobacco and pan masala after the GST compensation cess phase-out. The Central Excise (Amendment) Bill, 2025, will impose excise duty on tobacco, while ‘The Health Security se National Security Cess Bill, 2025’ will apply to the production of pan masala and other goods.

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