Search For "nbf"
NBFC disbursements picking up, collection efficiency at 70 to 80 pc levels
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 9 (ANI): With improving macros across most business segments, there is increased optimism on collection efficiency as well as on growth across product segments, Motilal Oswal Financial Services said on Wednesday.
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FM Sitharaman asks banks to roll out loan resolution schemes by mid-Septem
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Finance Minister Nirmala Sitharaman on Thursday asked bankers to roll out loan resolution schemes by September 15 and COVID-19 related distress must not impact their assessment of borrowers' creditworthiness.
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COVID-19: Sitharaman to review implementation of resolution framework for
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and NBFCs.
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Sitharaman to review implementation of resolution framework for COVID-rela
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): The Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and Non-Banking Financial Com
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India's gold-focused NBFIs' risks rise with high gold prices: Fitch
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): A surge in gold prices since the start of coronavirus pandemic has helped to support higher loan growth by some Indian non-bank financial institutions (NBFIs) that lend against the metal, a move that will bolster their interest income but the trend
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Shriram City Union Finance launches fixed deposit scheme at up to 10.53 pe
Updated : 5 years, 7 months ago IST
New Delhi [India] Aug 22 (ANI/NewsVoir): Shriram City Union Finance (Shriram City), one of India's leading deposits accepting NBFCs, has announced a high yield fixed deposit (FD) scheme to benefit its potential clientele in the best possible way.
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Poonawalla Finance rolls out a special term loan scheme for Chartered Acco
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 13 (ANI/PRNewswire): Poonawalla Finance Private Limited, a systemically important non-deposit taking NBFC, has entered into an MOU to offer a collateral-free special term loan scheme with an aim to benefit over three lakh Chartered Accountants, who are the m
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Gold loan relaxation of LTV norms to limit exposure appetite of banks: Ind
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 13 (ANI): Gold loan non-banking finance companies (NBFCs) are unlikely to be significantly impacted by the Reserve Bank of India's new guidelines allowing banks to lend up to 90 per cent of the gold value as prudent lending practices may demand lenders to be
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Refinancing needs to rise as NBFCs roll out restructuring plans: Ind-Ra
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 12 (ANI): The Reserve Bank of India's decision allowing lenders to restructure loans will increase their refinancing requirements, especially for non-banking banking companies (NBFCs), India Ratings and Research (Ind-Ra) said on Wednesday.
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Asset quality risks for banks, NBFCs remain elevated: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
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PM joins stakeholder of banks, NBFCs to discuss future economic roadmap
Updated : 5 years, 8 months ago IST
New Delhi [India], July 29 (ANI): Prime Minister Narendra Modi joined stakeholders from Banks and NBFCs on Wednesday to discuss and deliberate on vision and roadmap for the future, a statement from the Prime Minister's Office informed.
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PM to interact with bank, NBFC stakeholders on Wednesday
Updated : 5 years, 8 months ago IST
New Delhi [India], July 28 (ANI): Prime Minister Narendra Modi will join stakeholders from banks and Non-Banking Financial Companies (NBFCs) to discuss and deliberate on vision and roadmap for the future on Wednesday evening.
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