Page 45 - Nbfcs

Banks' asset quality 'may get dented' as special schemes end: RBI report

Credit growth muted as pandemic risk to economy remains, says central bank in annual analysis.

Asset quality of NBFCs worsens in H1 amid Covid-19 pandemic: RBI report

The pandemic posed significant challenges to NBFCs during the first wave (2020) also

Goodbye shadow banking

Bad loans in some NBFCs will definitely rise but no one should complain. They are no longer shadow banks

Top Headlines: Night curfews return; FMCG firms ready to deal with issues

Business Standard brings you the top headlines at this hour.

Corporate-promoted NBFCs can have 15% stake in banks, with increase in cap

Banking experts said the move to increase non-promoter shareholding would help lenders with greater access to capital

Building a brave new world of banking

The differentiated banking model, therefore, has been far from convincing and may take more time to stabilise

Governance to groundwork for digital biz, the year that was 2021 for RBI

2021 will go down as the year in which the central bank undertook long overdue governance initiatives even as it laid the groundwork for the fast-growing digital business

Need to harmonise rules on taxation and recovery for NBFC too: FIDC

Urges govt to exempt TDS on interest payment made to NBFCs, as in the case of banks and life insurers

Analysts bullish on NBFCs despite RBI's PCA framework

The PCA being extended to NBFCs may prove to be a good decision for the long-term as it will encourage good practises and is also expected to improve governance

More clarity on shadow banking

New regulations for stressed NBFCs harmonise with those for banks

Stocks to Watch: ITC, Lupin, ABFRL, Glenmark, NBFCs, Tata group stocks

The RBI on Tuesday introduced a prompt corrective action (PCA) framework for large non-banking financial companies (NBFCs)

RBI introduces tough PCA framework for large NBFCs, effective October 2022

PCA will be activated for large NBFCs once their capital adequacy falls by 300 bps, or net NPA ratio rises above 6%

Banks, NBFCs set to reverse underperformance in 2022, say analysts

Jefferies is bullish on HDFC Bank, ICICI Bank, SBI, and HDFC.

Fino Payments not planning to turn into small finance bank 'right now': CEO

Company is only profitable payments bank and 'lot of things need to settle down first' for it to consider seeking a licence for conversion, says Rishi Gupta

Asset quality pressures on micro-lending ease in Q2Fy22: CRIF High Mark

The gross loan portfolio in microfinance rose by 2.1 per cent growth at Rs 2.49 trillion at end of September 21.

RBI new norms likely to increase NBFCs bad loans by one-third: Study

Last month, the RBI had provided clarification on income recognition asset classification and provisioning (IRAC) norms for banks, NBFCs and All-India Financial Institutions

Despite privatisation of PSU banks, low-cost banking needs digital approach

The scope of banking is much more than can be read from the current rate of credit growth to industry, which has only picked up to 4.1% in October 2021 from a contraction of 0.7% a year ago

Officials hope tough regulations could eventually let NBFCs into banking

RBI accepted 21 of 33 recommendations of internal working group, the key being allowing promoters to hold 26% in the bank they floated. RBI did not mention corporate and NBFC issues in its guidelines

Strict norms to push NBFCs bad loans by 1.6-1.8% by March 2022: Icra

An increase of up to 80 basis points is expected in the case of housing finance companies, taking the NPA level to 3.8%

Spandana Sphoorty Financial hits 52-week low, falls 11% in one week

The company said there will be an unavoidable delay in submission of financial results for the quarter ended September 30, 2021