Page 27 - Subrata Panda

NBFCs' loan growth moderates significantly to 6.5% in H1FY24: RBI report

The corporate bond market remains a significant funding avenue for NBFCs, which are the largest issuers of bonds, with private placement being the preferred mode

RBI flags risk to secured loans from slippages in smaller personal loans

The RBI noted that first defaults are predominantly observed in unsecured advances

Credit and deposit grow at 11.5% in fortnight ending Dec 13: RBI data

Credit growth in the economy, which had previously been driven primarily by retail credit, has tapered off from its peak

Utkarsh Small Finance Bank looking to sell Rs 355 cr of microfinance loans

The bank has set a reserve price of Rs 52 crore for the assets it is putting up for sale, which would translate into a recovery of 14.64%

NPA cases referred for resolution, amount involved drop in 2023-24

As a result, the amount involved and the amount recovered in absolute terms was also lower than the amount involved and recovered in 2022-23

Over 600k loans worth Rs 27,000 cr disbursed on ULI platform: RBI report

ULI is a platform that facilitates access to financial and non-financial data, streamlining credit underwriting and creating frictionless customer journeys for a diverse range of borrowers

IndusInd Bank seeks to offload Rs 1,573 crore of microfinance loans

Bank sets reserve price of Rs 85 crore to sell loans from over a million accounts

NBFCs need to further diversify funding sources to mitigate risk: RBI

Reduction in NBFCs' reliance on banks for funds bodes well for financial stability, RBI says

Sumitomo Mitsui Financial Group infuses Rs 3,000 cr into Indian subsidiary

The Rs 3,000 crore equity infusion into SMFG India Credit includes Rs 300 crore investment into its wholly owned subsidiary - SMFG India Home Finance

Banks' average daily reserves fall after FIT framework: RBI report

RBI introduced ASISO facility in August 2020 to offer greater flexibility in managing day-end cash reserve ratio balances

Net FDI into India slows to $2.2 billion during April-October: RBI data

The slowdown in net FDI into India is consistent with trends observed in other emerging market economies, including Mexico, Vietnam, Indonesia, the Philippines, and Thailand, among others

IRFC raises Rs 2,840 cr through 10-year bonds at 7.15% interest rate

Indian Railways' finance arm was in the market to raise Rs 3,000 cr

We want to grow better than industry, mindful of biz quality: Naveen Jha

Health and motor insurance will continue to be our two most important segments

1% rise in m-cap leads to 0.6% rise in GDP growth rate: SBI Eco Research

Savings of households in 'shares and debentures' has increased to 1 per cent of GDP in FY24, from 0.2 per cent in FY14

State bond yields outpace AAA rated corporate bond yields for long tenors

Market participants said that the price difference is largely driven by heavy supply, timing mismatches in fund flows, and rising global interest rates

Indian companies make a beeline to raise funds from debt capital market

According to a dealer at a state-owned bank, some of the AAA-rated issuers who tapped the market today were expecting to raise funds at the levels they normally raise

Narrowing of US, Indian 10-year treasury yields to impact FPI inflows

Indian 10-year government securities closed at 6.78 per cent on Thursday, while US 10-year treasuries were trading at 4.54 per cent

Punjab & Sind Bank secures Rs 3,000 cr via 10 yr infra bond at 7.74%

IIFCL Rs 1,290 crore in two tranches with varying maturities

Piramal Capital & Housing Finance to sell Rs 550 cr of NPLs through auction

Of the Rs 550 crore of bad loans put up for sale by PCHFL, Rs 314 crore are unsecured loans, and Rs 236 crore are secured loans

Shriram Finance raises $1.27 bn in multi-currency syndicated loan

It's the largest syndicated multi-currency transaction by a private sector NBFC, says company