Page 18 - Nbfc

Religare to sell entire stake in NBFC arm to TCG Advisory for Rs 330 cr

REL in July 2019 had signed a binding term sheet with TCG Advisory Services to sell its NBFC and housing finance businesses

Bank of Baroda partners Agra-based NBFC Paisalo Digital for micro lending

BoB to focus heavily on women SHGs, looks to expand small loans, micro finance portfolio

Govt might seek extension of ECB to boost NBFC credit in economy

May ask RBI for relaxed co-origination norms

Confidence crisis at home forcing NBFCs to cough up more for funds overseas

The cash squeeze threatens a broader fallout, as the higher cost of funds is passed on to merchants getting micro loans and property tycoons looking to roll over debt

Sebi relaxes buyback norms for firms with housing finance, NBFC units

The repurchase of shares by listed companies is governed by the Buyback Regulations of the Securities and Exchange Board of India (Sebi) as well as the Companies Act

Need to examine issues on 35% minimum public shareholding plan: Sebi chief

In the latest Union Budget, Finance Minister Nirmala Sitharaman proposed 35 per cent minimum public shareholding requirement for listed companies

NBFCs continue to hold major share in retail loans despite liquidity crisis

In FY19, NBFCs had a 30% share in outstanding retail loans, while public sector lenders had a 39% share and private banks had 26%

After SBI, RBI Guv says all banks should link loans, deposits to repo rate

Calling for radical corporate governance reforms at state-run banks, Das said their real test would be their ability to access capital from the markets rather than depending on the govt

Finance Ministry to issue norms for NBFC asset buy scheme this week

The government has received a proposal from the Reserve Bank of India (RBI) on the draft modalities of the credit guarantee scheme, which would be operationalised by the RBI

Bank lending to NBFCs set to gather pace: RBI Governor Shaktikanta Das

RBI's June 7 circular places onus on banks to take informed decisions while taking on exposure to the sector

Shubhalakshmi Finance aims nearly three-fold jump in loan disbursement

Currently, it said, the NBFC has a presence across seven states

YES Bank makes two senior management appointments; stock rises 5.5%

These are the first major appointments after Ravneet Gill became MD and CEO in the fourth quarter of FY19

Budget 2019 analysis: Here's what 5 key sectors expected and what they got

EY analyses Nirmala Sitharaman's Budget 2019 for Business Standard, comparing the expectations of five key sectors of the economy and what they actually got in Budgetary provisions

RBI sets average base rate of 9.18% for NBFC-MFI borrowers for July quarter

RBI sets the average base rate for NBFC-MFIs on the basis of average of base rate of the five largest commercial banks

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

Good bank, bad bank

This market driven model of tackling liquidity crises has successfully been implemented in several countries and can benefit the NBFC sector

A question of trust

For investors to return to NBFCs, trust needs to be rebuilt in the financial system and its guardrails

India may get hit if US-China talks fail, says Morgan Stanley's Chetan Ahya

Indian economy was closely linked to the global one, and if US-China trade relations deteriorated, it would be difficult for the RBI to sort out domestic issues with liquidity, he said

Letter to BS: Power firms are in dire straits on account of low recoveries

The depositors and investors, who are basically people who have put their hard-earned money, and pensioners who have put their savings in banks, mutual funds and LIC are not adequately protected

How not to waste the NBFC crisis

The main lesson from this crisis is the role of mutual funds and credit rating agencies, which offered the highest rating to junk paper