NBFC News
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May 02, 2021, Sunday
Reserve Bank to strengthen risk-based supervision of banks, NBFCs
The Reserve Bank has decided to review and strengthen the Risk Based Supervision (RBS) of the banking sector with a view to ...
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April 28, 2021, Wednesday
NBFCs seek fresh debt recast as Covid-19 second wave wreaks havoc
Those who had availed themselves of the recast earlier should get a second chance, the Finance Industry Development Council said ...
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April 27, 2021, Tuesday
Bajaj Finance net rises 30% to Rs 1,161 cr in January-March quarter
The company had posted a net profit of Rs 892 crore in the corresponding quarter last year
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April 27, 2021, Tuesday
Axis Bank beats Street estimates, posts net profit of Rs 2,677 crore in Q4
In the same period of last financial year, the bank had reported a net loss of Rs 1,388 crore
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April 21, 2021, Wednesday
IL&FS case complexities reveal what India's resolution mechanism is lacking
A stretched rescue process reveals critical deficiencies in India Inc's corporate layering and resolution mechanism worsened by ...
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April 19, 2021, Monday
Covid-19 surge may hit securitisation in the near term, says Crisil
FY21 volumes below Rs 1 trn as against Rs 1.9 trn in FY20
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April 18, 2021, Sunday
NBFCs seek extension of MSME restructuring scheme till March 2022
NBFCs have requested the Reserve Bank to extend the one-time restructuring scheme of MSME advances till March 31, 2022, as these ...
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April 15, 2021, Thursday
With DHFL buy, Piramal Capital to bring retail loan share to 75% from 11%
Another reason it is acquiring Dewan Housing Finance is to reduce its wholesale lending operations
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April 14, 2021, Wednesday
Financiers buy into India's used car business amid uptick in demand
An expansion of demand driven by economic uncertainty has accelerated the plans of organised players to tie up with banks and ...
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April 12, 2021, Monday
NBFCs well prepared to face second coronavirus impact, says report
With strong capital and on-balance sheet buffers, non-banking financial companies are well prepared to deal with any impact on ...
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April 12, 2021, Monday
Fall in gold prices may not significantly impact NBFC asset quality: Report
The recent fall in gold prices is unlikely to affect the asset quality of NBFCs lending against gold in a considerable manner: ...
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April 08, 2021, Thursday
Covid-19 resurgence may derail recovery in Indian NBFC sector: Agencies
Face renewed asset quality, liquidity risks amid second wave; challenges likely to increase if recent curbs to contain pandemic ...
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April 02, 2021, Friday
NBFCs seek easing of rules on NACH mandate cancellation
NBFC industry body says this facility should work on "best effort" basis and not be made mandatory as most customers are not ...
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March 24, 2021, Wednesday
Loan moratorium case: NBFCs want govt to refund interest on deposits
Iyer said the penal interest would add up only trite as NBFCs are typically small ticket loan suppliers
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March 16, 2021, Tuesday
Parl Panel suggests systemic review by RBI to pre-empt IL&FS type crisis
A Parliamentary panel on Tuesday suggested a thorough systemic review by the Reserve Bank to pre-empt IL&FS kind of crisis, ...
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March 02, 2021, Tuesday
RBI restricting banks from raising stakes in insurance firms: Report
The RBI wants banks to focus on their main areas of business instead of locking away capital in non-core sectors
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February 26, 2021, Friday
IL&FS crisis: For NBFCs, India's 'Lehman moment' has meant reset of future
India's 'Lehman moment' has meant that the high-teen growth phase for non-banker financers is over
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February 22, 2021, Monday
Monthly collections in retail pools of NBFCs at pre-moratorium level: Icra
Icra said the monthly collections, including overdues in its rated retail loan pools originated largely by NBFCs and HFCs, have ...
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February 22, 2021, Monday
Non-banking lender Kinara Capital secures $10 million from IndusInd Bank
The funds secured have 100 per cent guarantee from the US International Development Finance Corporation
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February 15, 2021, Monday
Consumer, personal loans bolstered fintech lending in FY 2021: Report
SIDBI and Equifax launched the second edition of "Fintech Pulse", a quarterly publication highlighting key trends of NBFC fintech ...
