Page 15 - Nbfc

SBI, Equitas SFB: How to trade bank stocks post latest RBI announcements

The RBI has announced a few steps to encourage small finance banks (SFBs) to increase the credit flow to small borrowers

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

Second Covid-19 wave: Curbs beyond a month to hurt biz, says MFIN

Alok Misra, chief executive of MFIN, said recoveries and collections remained above 90 per cent level in March

Maintain separate category for Covid-19 moratorium seekers: RBI to banks

Step will help banks, financial institutions separate regular debt restructuring and those availed due to the pandemic

Why we need uniform micro loan regulations

The Election Commission must ban loan waiver poll promises by all political parties. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders

Muthoot Finance chairman Mathai George Muthoot passes away at 71

MG George Muthoot, the chairman of Muthoot Finance which is the largest gold loan NBFC in the country, passed away this evening in his New Delhi home after a fall, according to the family.

NBFC stress will ease from FY22 with recovery in the economy: Experts

The level of stress in the sector will be less intense as economic activity has been improving gradually

Magma Fincorp jumps 10% as Adar Poonawalla to acquire 60% stake in firm

Adar Poonawalla-controlled Rising Sun Holdings will acquire a 60 per cent stake in non-banking financial company by subscribing to Rs 3,456-crore preferential issue

IIFL Finance hits 20% upper circuit post December quarter results

Net interest income of the company grew 57 per cent YoY to Rs 573 crore

Changes to NBFI regulatory framework to enhance sector stability: Fitch

The proposed changes to India's regulatory framework for non-bank financial institutions (NBFIs) unveiled in the RBI discussion paper on January 22 are likely to enhance the sector's stability

RBI's NBFC paper silent on liquidity management, says India Ratings

The paper has not said whether the cash reserve ratio (CRR) and statutory liquidity ratio (SLR) will be applicable to upper layers of NBFCs

NBFC norms will check regulatory arbitrage, support growth: Experts

An analyst with a rating agency said the regulation should be ownership neutral and avoid special treatment

Nursing back post-Covid financial system biggest challenge for India

The state-dominated lending system's aggregate balance sheet had a gaping hole even before Covid-19. Now things could turn uglier

NBFC sanctions contract 32% YoY in Q2 amid Covid-19 pandemic, shows data

The lending in most of the segments, including housing, auto vehicle (personal and commercial) declined sharply

On the chessboard: 2021 will see tectonic shifts in the banking industry

India Inc could make a re-entry into commercial banking - 40 years after the last round of bank nationalisation in 1980

Top headlines: Bitcoin rally, Covid-19 vaccine, Burger King debut, and more

Here are the top headlines for Wednesday morning

RBI's draft NBFC dividend policy unlikely to impact most players: Icra

The Reserve Bank of India's draft circular on dividend distribution by NBFCs is unlikely to impact most of the industry players, said ratings agency ICRA

NBFCs with 15% CRAR for 3 years may be allowed to pay dividend: RBI

RBI has come up with a draft circular for declaration of dividend by NBFCs, wherein it has proposed that NBFCs should have at least 15% CRAR for the last 3 years

More pincer moves: Shadow banks may soon be governed by regulatory regime

The smaller and lower-rated NBFCs (AA-rated or the unrated) have been shunned by both banks and markets

Why few NBFCs want to become banks despite RBI's new recommendations

Cost of doing business, regulatory arbitrage, customer profile key parameters