Shadow Banking

Investors grow selective with weaker Indian shadow banks after debt binge

For investors, buying into India's debt presents a chance to tap into one of the world's fastest-growing economies, earn higher yields, and diversify away from China

RBI asks shadow banks to give information on supply-chain financing

NBFCs may have to rework credit service typically used by small businesses

Shadow lender IIFL Finance faces rating downgrade risk on gold loan ban

IIFL fell under regulatory scrutiny in March amid a crackdown on financial firms, when it was asked by RBI to stop disbursing new gold-backed lending following 'material supervisory concerns'

Shadow lender IIFL Finance faces rating downgrade risk on gold loan ban

IIFL fell under regulatory scrutiny in March amid a crackdown on financial firms, when it was asked by RBI to stop disbursing new gold-backed lending following 'material supervisory concerns'

Shadow lenders decline after RBI tightened norms for investments by banks

Indian Shadow lenders declined after the nation's central bank tightened norms for investments by banks and other regulated entities into alternative investment funds to plug lending loopholes.

NIIF-backed shadow bank considers raising $100 mn with $600 mn valuation

The Indian shadow bank aims to complete the funding round by the end of March, said another person. Deliberations are ongoing and details of the fundraising could still change

Shadow banking: India bets on Jio and a boom, while China hits a funk

The trajectory of financiers, especially those who don't take state-insured deposits, is beginning to diverge in the neighbouring economies

Alive and kicking: What common thread links the new-age NBFCs?

Using their imagination,new-age shadow banks have shown that their business model can fly

China drafts rules for overseeing trust firms to curb shadow banking

The once-freewheeling trust industry, at the heart of a vast shadow banking sector, for years helped channel funds into companies that struggle to obtain bank credit via opaque structures

Growth of shadow banks poses threat to financial stability: RBI report

Balance sheet expanded but asset quality deteriorated, says RBI report

Reserve Bank of India may curb first-loss default guarantees

Only regulated entities, rated arrangements can pass muster

Best of BS Opinion: Central control of health care, goodbye shadow banking

Here are the best of BS Opinion pieces of the day

Goodbye shadow banking

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

Top Headlines: WPI makeover on cards, number of air travellers doubles

Our top headlines on Monday track the latest developments

Archegos meltdown to intensify shadow banking regulatory scrutiny: Report

The implosion of Archegos Capital and the resulting losses for global banks is likely to intensify regulatory efforts to curtail the ballooning shadow banking sector and shed light on its risks

Small business lender Five Star gets $234 mn in new investment round

Chennai-based registered non-banking finance company will use the capital to expand its business.

Strengthening regulation

Growth of NBFCs needs better supervision by RBI

RBI discussion paper proposes four-tier structure for NBFC regulations

Paper has also sought to raise net-owned funds required for new NBFCs from Rs 2 cr to Rs 20 cr. Timeline of five years for existing NBFCs to adhere to new norms

A surge in bad debt is set to further worsen India's shadow bank crisis

Non-performing assets already swelled in the most recent data to the highest in at least five years, at 6.3% as of March 2020 even before the worst of the pandemic impact, the RBI said

Indian shares drop as shadow lenders fall on fears of tighter rules

Gains in heavyweights HDFC Bank and Reliance Industries capped losses