New Delhi [India], Sept 26 (ANI): After meeting top management of private sectors banks, NBFCs, microfinance institutions (MFIs) and small finance banks, Finance Minister Nirmala Sitharaman on Thursday said that she had not heard of any liquidity problem from them.
Goa (Panaji) [India], Sept 20 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday reviewed the performance of the banks in a meeting with the top management of public sector bank.
New Delhi [India], Sept 19 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that public sector banks will hold meetings with representatives of Non-Banking Financial Companies (NBFCs) and prospective clients in 400 districts across the country to ensure that more liquidit
Mumbai (Maharashtra) [India], Sept 9 (ANI): India Ratings and Research (Ind-Ra) on Monday revised its sector outlook on non-banking finance companies (NBFCs) to negative from stable and maintained its negative outlook on large ticket housing finance companies (HFCs).
Mumbai (Maharashtra) [India], Sep 6 (ANI): Risks in India's banking sector may rise as a result of the central bank's steps encouraging more lending to non-bank financial institutions (NBFIs) and retail borrowers, Fitch Ratings said on Friday.
Mumbai (Maharashtra) [India], Sept 2 (ANI): ECL Finance, a subsidiary of Edelweiss Financial Services, and government-owned Central Bank of India have signed an agreement for priority sector lending to micro, small and medium enterprise (MSME) customers.
Mumbai (Maharashtra) [India] August 21 (ANI/BusinessWire India): Altico Capital India Limited, a Non-Banking Financial Company (NBFC) promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners headquartered in Mumbai, India, today announced their complete exit from realt
New Delhi [India], Aug 20 (ANI): India recorded 110 merger and acquisition (M&A) deals worth 9.8 billion dollars in July, which is three times the deal values but 10 per cent short of deal volumes as compared to June, according to a report by Grant Thornton India LLP.
New Delhi [India], Aug 19 (ANI): The Ministry of Corporate Affairs on Monday amended the Companies Share Capital and Debentures Rule by removing debenture redemption reserve (DRR) requirement for listed companies, Housing Finance Companies (HFCs) and Non-Banking Finance Companies (NBFCs).
Mumbai (Maharashtra) [India], Aug 19 (ANI): The Reserve Bank of India (RBI) is closely monitoring inter-linkages of non-banking finance companies (NBFCs) with the banking sector, capital market and other financial entities to ensure stability, Governor Shaktikanta Das said on Monday.
Mumbai (Maharashtra) [India], Aug 16 (ANI): Liquidity risk is increasing for Indian real estate developers as non-bank financial institutions (NBFIs) including housing finance companies are shying away from lending to the sector, Fitch Ratings said on Friday.
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday announced two key measures to help non-bank financial companies (NBFCs) which are facing a severe liquidity squeeze.