NBFC crisis
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March 11, 2021, Thursday
Hong Kong-based Ares SSG Funds completes acquisition of Altico Capital
This is the first resolution of a stressed NBFC outside India's insolvency and bankruptcy process
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November 10, 2020, Tuesday
Must commend RBI for defusing NBFC crisis: Former governor Subbarao
The banks don't provide for their bad debts adequately, and take four to five years to provide for them, which creates problems.
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September 03, 2020, Thursday
Out of the woods? Analysts turn bullish on NBFCs on improved liquidity
Recent steps by the government and the RBI to keep systemic liquidity and rates benign along with direct liquidity to NBFCs ...
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July 25, 2020, Saturday
Declining long-term market funding for NBFCs a concern, says RBI
It has the potential to heighten the liquidity risks the sector is already facing after the IL&FS debacle, FSR said
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June 12, 2020, Friday
After IL&FS crisis, Covid-19 makes NBFCs struggle despite RBI actions
While bank credit to NBFCs has seen a rise of 30 per cent year on year, credit has mostly flown into larger NBFCs with good ...
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May 14, 2020, Thursday
NBFC yields yet to show contraction in spreads after govt measures
Experts believe spreads will contract as the credit lines start getting utilised, and banks regain confidence about NBFC papers ...
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April 27, 2020, Monday
NBFCs' foreign lenders face repayment risks as US dollar becomes stronger
Covid has caused disruption in the domestic and global markets, enhancing the risk of default from the rise in cost of repayments ...
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April 23, 2020, Thursday
Sidbi to provide liquidity support to NBFCs, MFIs with 90-day term loans
NBFCs and MFIs have been hit on two fronts, with collections dipping due to the covid-19 lockdown, and the three-month moratorium ...
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April 17, 2020, Friday
RBI actions will act as lifelines for NBFCs; await steps on bond buying
In his bid to fight the coronavirus (Covid-19) induced slowdown, the governor has made it clear that he doesn't want banks to ...
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April 11, 2020, Saturday
Covid-19 woes: NBFC sector staring at another bout of liquidity challenge
Most banks are yet to decide on giving moratorium to shadow lenders
