Non-Banking Finance Companies
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April 21, 2022, Thursday
RBI says non-banks need approval to issue credit cards, lists more rules
Minimum net-owned fund mandated at Rs 100 crore; cards cannot be unilaterally upgraded.
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March 04, 2022, Friday
NBFCs may see asset quality improve by up to 200 bps going forward: Crisil
RBI postponement of timeline for adhering to new NPA norms, greater economic activity likely to act as tailwinds, says rating ...
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February 24, 2022, Thursday
NBFCs' loan sanctions up 5% YoY in Q3FY22: Data
Consumer credit drives action; commercial segment shows modest growth, according to FIDC-CRIF data
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February 14, 2022, Monday
Asset quality issues to affect realty-focused non-banks till FY23: Study
The real estate AUM of non-banks contracted by 17.64 per cent to Rs 2.8 lakh crore as of March 2021 from Rs 3.4 lakh crore as of ...
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January 27, 2022, Thursday
L&T Finance Holdings looks to hike retail share to 80% by FY26
To ramp up its capacity to face asset quality pressures, LTFH aims to increase provision coverage ratio to 60 per cent by FY26
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January 19, 2022, Wednesday
RBI seeks details of NBFCs' 'buy now, pay later' deals with e-tailers
It may be recalled that the RBI's Financial Stability Report of December 2021 had called attention to the retail credit growth ...
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December 15, 2021, Wednesday
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 ...
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December 14, 2021, Tuesday
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%
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October 28, 2021, Thursday
NBFCs readying a war chest of close to Rs 2 trillion to fund IPO bets
Typically, HNIs borrow at 8 to 10 per cent from NBFCs to place leveraged bets in IPOs
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September 14, 2021, Tuesday
NBFC micro credit biz sees near-term stress, shows MFIN data
Finance company executives said the second wave had an adverse effect on the incomes of borrowers
