Page 22 - Nbfc

Select NBFCs rally after RBI issues guidelines for new banking licenses

Mahindra and Mahindra Finance Services, Bajaj Finserv, SREI Infrastructure Finance, Religare Enterprises and L&T Finance Holdings are trading higher in the range of 5-7% on BSE

Regulation is critical, but shouldn't throttle NBFCs: Economic Affairs Secy

Subhash Chandra Garg says govt doesn't even know whom to approach in order to address NBFC issues as there are no organisations representing the sector

Disbursement by HFCs, NBFCs to slow down in H2FY19, says Icra

As for NBFCs, the retail credit stood at Rs 8.3 trillion as on September 2018

NBFCs saw improvement in profitability in FY18 and H1FY19: RBI report

Backed by an increase in fund-based income, the NBFCs saw an improvement in their profitability in FY18 and in the H1 of FY 19

RBI cancels registration of 1,490 NBFCs in 2 years; Kolkata tops the list

Kolkata tops list with 617 cancellations, Delhi second with 203

NBFCs stare at valuation hurdle, IPOs in pipeline may see tepid interest

Within the NBFC space, housing finance companies (HFCs) are likely to find few takers

NBFCs don't need much regulation

NBFCs and banks need not be treated in the same manner

Take care of NBFCs

Tighter regulation is important, but so is the timing

Slowdown in NBFC/HFC lending will have an impact on wider economy: ABFL CEO

We need to think about having far more balanced asset-liabilities management, says Rakesh Singh

NBFCs raise interest rate between 50 and 200 bps amidst liquidity squeeze

For the microfinance industry too, the increase in lending rates has been roughly between 50-100 bps

As NBFCs face a credit crunch, real estate sector is pushed to the brink

Experts say the crunch was triggered by the IL&FS issue and not because realtors defaulted

No need for RBI to help NBFCs as a lender of last resort: Viral Acharya

The RBI has also augmented system-wide liquidity through various moves

Relaxed norms likely to hurt NBFCs in long run, banks stand to gain

Revised securitisation regulations may bring relief of Rs 1 trillion, but could impact ALM and asset quality

NBFCs remain fastest-growing sector for deployment of bank credit: RBI

Credit to NBFCs rose 55 per cent in October, says RBI

Govt plans to set up NBFC with Rs 20 billion to fund food processing firms

The proposal would also be put before the Cabinet for approval

Amid fund crunch, RBI scraps registration of 31 NBFCs; majority from Bengal

The Reserve Bank Friday cancelled the certificate of registrations of as many as 31 non-banking finance companies (NBFCs) for unspecified reasons. It also cancelled the certificate of registrations of 17 NBFCs following a request by them for the same. The action comes amid difficulties faced by the NBFCs sector. A majority 27 of the 31 companies which lost their licences are from Bengal,the central bank said in a statement. Bengal is followed by Uttar Pradesh, which has seen four NBFC licence cancellations, the RBI said, making it clear that these companies should not carry out business activities from here on. A majority of voluntary application for licence cancellation are also from Bengal, it said. The list includes Ramky Finance & Investment, which is based in Hyderabad. It also has city-based Propycon Trading & Investments, according to the RBI announcement. It can be noted that there are more than 12,000 registered NBFCs in the country under the regulation of

Green shoots of liquidity for NBFCs, HFCs in commercial paper market

Rating agency CRISIL in a statement said there had been some change in market sentiment over the past two weeks with gradual easing in funding access for non-banks

Liquidity crisis: Banks get RBI nod to raise credit to NBFC bonds

Credit enhancements have been allowed for corporate bonds for the infrastructure sector but there weren't many takers for this, said bond arrangers

Govt fears NBFC defaults in next 6 weeks if not provided liquidity support

Nearly Rs 2 trillion ($27.23 billion) of NBFC and HFC debt is due for redemption by the end of December, the DEA said in its letter

NBFC liquidity faces litmus test as Rs 1 trillion matures in November

On November 5, debt totaling Rs 113.8 billion is set to mature, while on November 26, debt worth Rs 147 billion is coming up for redemption