Insurance sale before DHFL sale would have eliminated regulatory uncertainty, say lawyers
Google Pay and PhonePe were the top wallets among the customers, says Report
While stress at an overall level is low, delinquencies in small ticket segment have moved up
The request has been made considering the recovery of small-ticket loans given to MSMEs, and proposes to bring parity in recovery of soured loans by banks and non-bank lenders
Adani does not make aggressive bid in fourth round; all offers have several conditions and banks will have to take a call by evaluating NPV of each
The study by leading consultancy EY is based on an analysis of the standalone financial statements of 42 NBFCs, including 14 Housing Finance Companies (HFCs), for the year ended March 31, 2020
The growth, though, will be muted at 5-6 per cent due to asset quality concerns, funding issues and competition from banks.
The RBI has proposed that the payouts from next financial year will depend upon factors such as capital adequacy, non-performing asset ratio and leverage ratio.
Online service 'Smart Finance' to cover 30 cities, Company says this will result in improvement of enquiry to sales conversion
At Rs 8.27 trillion, borrowing at record high this year
Rehauling of business strategy is presently underway; set to approach the RBI for banking license once final guidelines is released
The RBI's stance on CIC structures is to be read along with its discomfort with leverage through the pledge of shares.
Indian Railway Finance Corporation initial public offering of about Rs 4,600 crore may hit the markets later this month, a first by a non-banking financial company in the public sector
Banking regulator to also prescribe dividend distribution norms
RBI has proposed scale-based regulatory approach as the way forward for non-bank lenders
Feedback on banking licence terms may be given to RBI in a fortnight
Combined entity would be nearly half SBI's size and in an indisputable No 2 slot; cost of funds a hurdle though
Tough for banks to keep NPA levels low in future
In a Q&A, the MD of Shriram Transpport Finance, which has an AUM of Rs 1.13 trillion, explains why his company is in no hurry to acquire a banking licence
Bajaj Finserv has surged over 50 per cent in less than 15 sessions.