
Extended deadline for norms on NPA recognition, loan upgrading will protect NBFCs’ bottom lines
The bad loan pile is expected to stabilise by the end of this quarter, Crisil Ratings said in the report…
On Tuesday, the RBI acceded to the industry’s requests for an extension and granted an additional six months – up…
Businesses that are still reeling from the impact of Covid-19 hold high expectations from the Union Budget 2022.
The funds will support expansion of the Avanse’s education financing programme. The organisation’s deep domain expertise, healthy portfolio and robust…
India’s tax laws have not kept pace and hence there are several areas in which NBFCs suffer higher tax cost…
Credit and Finance for MSMEs: As per RBI, loan accounts can be upgraded to ‘standard from NPA only if all…
Credit and Finance for MSMEs: Through this programme, MSMEs can raise credit from Rs 50 lakh to Rs 2.5 crore…
Aavas Financiers, Biocon, Escorts, Indiabulls Real Estate, Escorts, Manappuram Finance, Mahindra Lifespace and Tata Consumer Products are among 18 companies…
Micro Finance Institutions saw their aggregate gross loan portfolio grow by 85 per cent to Rs 53,233 crore in the…
On an average, NBFC stocks have given a return of 3 per cent during April 1 and May 5. On…
The retail business of domestic non-banking finance companies, or NBFCs, grew during the second quarter of the current financial year…
The Reserve Bank of India further said that to bring in uniformity, it has been decided to extend the same…
Market experts say yields have risen due to the requirement of short-term funds by NBFCs and brokerages, which are issuing…
The Budget proposal to include non- banking finance companies (NBFCs) under the Sarfaesi Act is credit positive for lenders of…
RBI put out a report on March 2 by an internal group, which suggested changes to the existing priority sector…
RBI brings them on a par with banks by raising capital adequacy requirement, net owned fund limit to mitigate risks
New norms, to come into effect soon, based on recommendations of Thorat panel