NBFC News
-
May 24, 2022, Tuesday
Muthoot Finance to raise up to Rs 300 cr via bonds; issue opens May 25
The non-banking finance company said the funds raised through this issue will be utilised primarily for lending activities of the ...
-
May 23, 2022, Monday
Explained: Do NBFCs have a better future than large, diversified players?
Non-banking financial companies may have entered a comfort zone years after having been put through the wringer
-
May 13, 2022, Friday
RBI opens banks credit for NBFCs to on-lend continuously to priority sector
Bank credit to NBFCs, including HFCs, will be allowed up to an overall limit of 5% of an individual banks total priority sector ...
-
May 12, 2022, Thursday
Poonawalla Fincorp's logs Q4 consolidated net profit of Rs 119 cr
The company's housing finance subsidiary proposes to raise growth capital
-
May 11, 2022, Wednesday
Deadline for Reliance Cap resolution plans extended till June 30: Report
So far only eight out of 54 Prospective Resolution Applicants (PRAs) have engaged with lenders of the bankrupt firm.
-
May 10, 2022, Tuesday
NBFCs cannot be regulated by state enactments, says Supreme Court
The top court said it was of the considered opinion that the Kerala Act and the Gujarat Act will have no application to NBFCs ...
-
May 10, 2022, Tuesday
Limited bank funding drags Impact NBFCs' growth: CIBIL assessment
Impact NBFCs will need Rs 58,000 crore equity, according CIBIL assessment
-
May 09, 2022, Monday
Loan portfolio lapses cloud growth plans of IndoStar Capital Finance
The financiers of Indo-Star Capital Finance include State Bank of India, HDFC Bank, and ICICI Bank, according to the Annual ...
-
May 06, 2022, Friday
Control deficiencies in CV loans take a big toll on IndoStar Capital
Provisioning burden pegged at Rs 557-667 crore
-
May 06, 2022, Friday
RBI imposes penalty on Daimler Financial, KKR India Financial Services
The central bank said it conducted statutory inspection of the two companies with reference to their financial position as on ...
-
April 29, 2022, Friday
RBI issues norms for compensation key managerial staff at NBFCs
Finance companies need to set up nomination and remuneration committee, which will oversee the framing, review and implementation ...
-
April 21, 2022, Thursday
Reserve Bank of India's latest norms won't be disruptive to NBFCs
Intend to narrow regulatory arbitrage between banks and shadow banks
-
April 19, 2022, Tuesday
RBI caps lending limits of NBFCs to bring them on a par with those of banks
Prescribes 9% CET1; Tightens norms for realty sector; loans to board members
-
April 12, 2022, Tuesday
Debt quality index gains nearly three point to close FY22 at 92.24
The better show was largely driven by enhancements in rated debt of higher-rated entities and reduction in debt of a large ...
-
April 11, 2022, Monday
RBI says 22 NBFCs have surrendered their registration certificates
The central bank has cancelled their Certificate of Registration (CoR) as they have surrendered the same
-
April 06, 2022, Wednesday
Instant App-based loan fraud: ED summons senior executives of Google
The agency's Hyderabad office is probing 38 non-banking financial companies (NBFCs) and over 300 fintech firms under the ...
-
April 05, 2022, Tuesday
IIFL Finance buys back overseas bonds worth $50 million
Non-banking finance company IIFL Finance on Tuesday said it has bought back USD 50 million worth of overseas bonds with funds ...
-
March 28, 2022, Monday
Enforcement Directorate wants RBI to block NBFCs on a Chinese string
Lists 40 NBFCs extending small-ticket loans but acting as a front for Chinese fintech firms
-
March 15, 2022, Tuesday
NBFCs, housing finance firms need Rs 2.2 trn in fresh funds in FY23: ICRA
Rating agency in its report said the entities have worked to diversify sources of funds, even if the money came at a higher cost
-
March 14, 2022, Monday
NBFC-retail's AUM likely to grow 5%-7% in FY22, 8%-10% in FY23: Report
The asset under management (AUM) of non-banking financial companies (retail) is expected to grow 5-7 per cent in fiscal 2022 and ...
