Search For "nbf"
More NBFCs to go offshore as funding crunch continues: Fitch Ratings
Updated : 6 years, 3 months ago IST
Hong Kong, Dec 10 (ANI): India's non-bank financial companies (NBFCs) will look increasingly to offshore financing in 2020 as local funding conditions are likely to remain under pressure, according to Fitch Ratings.
Read More
Rs 4.91 lakh crore disbursed by PSBs in Oct and Nov
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 3 (ANI): Public sector banks (PSBs) disbursed Rs 2.39 lakh crore to micro, small and medium enterprises (MSMEs), non-banking finance companies (NBFCs), corporates, retail and agriculture sector borrowers in November, raising the total disbursement since the launch of t
Read More
Enabling resolution of finance companies under IBC credit positive for ban
Updated : 6 years, 4 months ago IST
Singapore, Nov 25 (ANI): Inclusion of non-bank finance institutions (NBFIs) in the Insolvency and Bankruptcy Code (IBC) 2016 is credit positive for banks, Moody's Investors Service said on Monday.
Read More
Public sectors banks disburse Rs 2.53 lakh crore loans in October
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 21 (ANI): Union Ministry of Finance on Thursday said that Public Sector Banks (PSBs) have disbursed loans to the tune of Rs 2.53 lakh crore during October under the 'Customer Outreach' initiative.
Read More
New LCR framework to strengthen NBFCs' liability profile: Ind-Ra
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 21 (ANI): New guidelines on liquidity risk management (LCR) announced by the Reserve Bank of India (RBI) for non-banking finance companies (NBFCs) including core investment companies (CICs) will increase discipline in liquidity maintenance and improve transp
Read More
Aditya Birla Capital Q2 up by 37 pc at Rs 256 cr on diversified portfolio
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 7 (ANI): Aditya Birla Capital Ltd said on Thursday its consolidated profit after tax after minority interest in Q2 FY2019-20 grew by 37 per cent year-on-year to Rs 256 crore on the back of a diversified business portfolio.
Read More
NBFCs must establish strong governance practices to restore stakeholder co
Updated : 2 years, 5 months ago IST
New Delhi [India], Nov 3 (ANI): While the liquidity condition in market improves for non-banking finance companies (NBFCs), it is imperative for them to establish strong governance and risk management practices to restore investor confidence and reduce overall borrowing costs, according to a
Read More
India's credit squeeze pushes growth to a six-year low: Fitch Ratings
Updated : 6 years, 5 months ago IST
London [Britain], Oct 25 (ANI): The Indian economy is being held back by a large squeeze in credit availability emanating from non-bank financial companies (NBFCs), according to Fitch Ratings.
Read More
Nucleus Software clocks revenue of Rs 128 crore in Q2 FY20
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 24 (ANI): Nucleus Software said on Thursday its consolidated revenue for the second quarter of FY20 totalled Rs 128 crore compared to Rs 121 crore in corresponding quarter of the previous year.
Read More
Banks will ensure bill discounting facility for MSMEs to ease liquidity: S
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 14 (ANI): Finance Minister Nirmala Sitharaman said on Monday that public sector banks have sufficient liquidity and efforts are being made to ensure that due payments are released to micro, small and medium enterprises (MSMEs) sector by large corporates.
Read More
NBFC Fox Capital partners with ZestMoney to strengthen credit reach
Updated : 6 years, 5 months ago IST
Jaipur (Rajasthan) [India] Oct 10 (ANI/NewsVoir): Fox Capital - A new age NBFC headquartered in Jaipur, has partnered with ZestMoney, to strengthen the credit reach to the under-serviced the population of India.
Read More
NBFC Paisalo Digital signs co-origination loan pact with Bank of Baroda
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 3 (ANI): Non-banking finance company Paisalo Digital said on Thursday that it has signed a co-origination loan agreement with government-owned Bank of Baroda to empower farmers, MSME segment and small businesses.
Read More