Page 20 - Nbfc

Better-performing NBFCs able to get funds at pre-IL&FS rates: RBI governor

RBI governor says sector being closely monitored; credit flow is improving

IBC rules for NBFC resolution credit positive for banks, says Moody's

The provisions in the IBC provide for the orderly resolution of a stressed company. Until now, the only resolution framework for NBFIs was through liquidation

NBFC sector moves to get over IL&FS crisis, PE/VC investments up 42%

One of the active investors in the sector is International Finance Corporation, the World Bank's investment arm

NBFC crisis dragged loan growth to demonetisation lows in Q2: Credit Suisse

While the NBFC sector continues to face the heat, corporate banks seem to be on track to recovery

RBI raises cap on borrowing from MFIs to Rs 1.25 lakh in rural areas

Similarly, the limit has been increased from Rs 1.6 lakh for urban or semi-urban areas to Rs 2 lakh, the RBI said in a circular

PE investors see profit in India's troubles in shadow banking, real estate

Four foreign pension plans have committed between $100 million and $400 million each to private-equity funds investing in India since Sept. 2018.

Srei's growth slowing down over weak market sentiment: Group chairman

The share of infrastructure project finance is expected to further come down to 10-15 per cent in the coming years, he said

Kogta Financial raises Rs 300 cr in round led by Malaysia's Creador

The retail non-banking financial company specialises in secured retail used and new vehicles and MSME financing.

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