Search For "nbfcs"
India's risk-based internal audit requirement for NBFCs is credit positive
Updated : 5 years, 1 month ago IST
Singapore, February 8 (ANI): The Reserve Bank of India (RBI) guidelines for non-banking finance companies (NBFCs) to implement a risk-based internal audit framework in line with banks is credit positive, Moody's Investors Service said on Monday.
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RBI proposes revised regulatory framework for NBFCs
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer model in the fast-growing industry.
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NBFCs, fintech companies urge FM Sitharaman to enhance lending facilities
Updated : 5 years, 1 month ago IST
New Delhi [India], January 19 (ANI): Non-banking finance companies (NBFCs) and fintech players have urged Finance Minister Nirmala Sitharaman to enhance the lending facilities by three to four years which were announced and extended by the Reserve Bank of India (RBI) during Covid-19 lockdown
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Tata Motors ties up with banks, NBFCs for commercial customers
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 18 (ANI): Tata Motors said on Monday it has entered into partnerships with leading private banks and non-banking finance companies (NBFCs) to offer its commercial vehicle customers an array of financial offerings.
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Sharp decline in incremental CoF to boost margins for NBFCs: Motilal Oswal
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 28 (ANI): There has been a sharp decline in incremental cost of market borrowings for non-banking finance companies (NBFCs) -- especially those with strong parentage -- over the past nine months, Motilal Oswal Financial Services said on Monday.
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Neutral-to-positive impact of RBI's draft circular on govt-owned NBFCs: In
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 23 (ANI): The Reserve Bank of India's (RBI's) recent draft circular on declaration of dividends by non-banking financial companies (NBFCs) will have a neutral-to-positive impact on government-owned NBFCs, India Ratings and Research (Ind-Ra) said on Wedn
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Indian NBFCs' asset quality remains vulnerable: Moody's
Updated : 5 years, 3 months ago IST
New Delhi [India], November 23 (ANI): Moody's Investors Service on Monday said in a new report that although loan collections improved at the rated Indian non-bank finance companies (NBFCs) like Indiabulls Housing Finance Limited and IIFL Finance Limited, the loan delinquencies will inevitab
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Aviator EMF strengthens investments in Indian NBFCs
Updated : 5 years, 4 months ago IST
New Delhi [India], November 12 (ANI/Digpu): With a penchant for working with start-ups, fintech companies, and organizations in the financial sector, Aviator Emerging Market Fund has aggressively made investments over the last few months to fund companies with promising financials.
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MSME credit declines by 6 pc in Q1 on Covid-19 impact: Motilal Oswal
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 14 (ANI): Total credit to micro, small and medium enterprises (MSMEs) in the country declined 6 per cent year-on-year in the first quarter of current fiscal year and 3.4 per cent quarter-on-quarter, Motilal Oswal Financial Services said on Wednesday.
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Shriram City Union Finance offers highest interest rate on fixed deposits
Updated : 5 years, 5 months ago IST
New Delhi [India], September 21 (ANI/NewsVoir): Even as other banks and NBFCs have slashed interest rate on fixed deposits in the current challenging market scenario, Shriram City Union Finance (Shriram City), one of India's leading deposits accepting NBFCs, has launched a high yield cumulat
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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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