Capex loan sanctions still in negative territory
The two-day conference, beginning November 17, would see participation from all public sector banks and financial institutions (FIs)
The RBI has increased its scrutiny manifold, particularly since the PMC Bank crisis
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Typically, HNIs borrow at 8 to 10 per cent from NBFCs to place leveraged bets in IPOs
Says RBI deserves part of the credit because of strong regulatory framework
Pie is large and open to all, may even take half a century to reach saturation point when firms can seriously worry about competition, they say at Business Standard Summit
Regulator limits IPO financing at Rs 1 cr per borrower
"Developments around harsh recovery practices, breach of data privacy of digital lenders has dented the credibility of the whole system," Rao said
The Centre has also asked state-owned banks to enter into co-lending arrangements with NBFCs and MFIs
Opt for overdraft facility if you have a recurring need, a term loan if you require a lump sum
Activity rises as investors' fears over collections ebb
RBI said the IOS for NBFCs will be on the lines of IOS for banks and non-bank payment system participants
The important aspect of any lender is collections and repayment of dues. Sharma joined the bank as an advisor for the recovery. His experience in recovery will come in handy for the Srei group
With the objective of upping customer experience, the Reserve Bank on Friday announced an internal ombudsman scheme (IOS) to redress grievances at select non-banking finance companies (NBFCs)
Small ticket personal loans segment has witnessed a huge surge in asset quality stress for lenders in the pandemic-affected FY21, with NBFCs taking the maximum brunt
The matter will be heard on October 7
The RBI on Monday superseded the boards of Srei Infrastructure Finance and Srei Equipment Finance
Superseding boards of two Srei companies not to roil markets; Major OMCs step off LPG price-hike pedal
RBI's timely action on Srei shows willingness to use its powers