Page 690 - Finance News

Consumer loans may be the next big headache for NBFCs: RBI report

NBFCs are facing the highest delinquency levels in all the sub-segments of consumer loans except for loans against property

Asset quality in banking sector may improve in 2020, show RBI stress tests

PSBs were found to be severely impacted, with the CAR of 19 of the 21 PSBs likely to go down below 9 per cent in case of such a shock, said the RBI

HDFC picks Morgan Stanley, BofAML for HDB Financial Services IPO

HDFC Bank may hire more firms for the sale later, the people said

Interim Budget reduces RBI rate cut possibility in February, say economists

High expenditure, fiscal deficit slippage point to inflationary tendencies

Gross NPAs of banks may come down to 8% by March 2020, says Report

Report said public sector banks should see their gross NPAs climb down over 400 bps to close to 10.6 per cent by March 2020

Corp Bank to lend Rs 1,000 cr for 340 km stretch of Purvanchal Expressway

Yogi govt has firmed up bank and institutional loans worth Rs 8,800 cr for the Rs 23,000 cr project

Search for new RBI Dy Guv to begin: These are some of the names doing round

The successful candidate would be the only deputy governor out of four at the Reserve Bank of India who will sit on the six-member Monetary Policy Committee

Viral Acharya resigns: A strong believer in RBI's independence and autonomy

Acharya, who will return to the New York University's Stern Business School in august instead of in 2020, felt the RBI has made good progress in earning its independence

Congress blames govt for Acharya's RBI exit, terms it economic manhandling

Acharya is the third top official to quit RBI before completing their term. The first was former RBI Governor Raghuram Rajan and second Governor Urjit Patel

Viral Acharya unable to continue as deputy governor beyond July 23: RBI

Acharya, a New York University economics professor who once called himself the 'poor man's Raghuram Rajan', was appointed as RBI deputy governor for three years

Why regulation isn't enough to curb bad behaviour of credit rating agencies

Rating agencies are meant to give comfort about an issuer's ability to repay debt

RBI Deputy Governor Viral Acharya quits six months before his term ends

Deputy Governor N Vishwanathan likely to stay back for another term

Paytm poised to start its P2P lending business with Clix Capital

According to sources, Paytm has registered with the Reserve Bank of India to run a P2P lending platform

DHFL lenders to meet in early July to hammer out a rescue package

Extension of loan tenure, fresh working capital, and induction of new management on agenda

SBI plans tapping Singapore SME businesses, to introduce YONO SBI app

The SBI has served the Singapore retail and corporate sectors as a qualified full bank since 2008

Job losses mount in NBFC sector, a major recruiter, as lending plummets

Sector has accounted for a major share of hiring in recent times

NBFCs ask Sitharaman for liquidity window, tax sops in Union Budget

NBFCs sought exemption from having to deduct tax at source for interest payments

Bank of Baroda expects uptick in education loans, targets 11% market share

BoB is targetting a post-consolidation market share in education loans of 11%

Indiabulls Housing-Lakshmi Vilas Bank merger gets CCI approval

IBHFL will hold around 90.5% of the post-merger enhanced equity capital of the merged entity

BOJ joins Fed in signalling easing, keeps monetary rate steady for now

The BOJ is in a bind