Search For "nbfcs"
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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Shriram City Union Finance launches fixed deposit scheme at up to 10.53 pe
Updated : 5 years, 6 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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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, 7 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, 7 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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Don't extend loan moratorium, able corporates not re-paying loans: Parekh
Updated : 5 years, 7 months ago IST
New Delhi [India], July 27 (ANI): Individuals and corporates having the ability to re-pay their loans are not doing so by taking advantage of the moratorium given by Reserve Bank of India (RBI), HDFC Chairman Deepak Parekh said on Monday.
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Five proposals worth Rs 3,090 cr sanctioned under Aatmanirbhar Bharat
Updated : 5 years, 7 months ago IST
New Delhi [India], July 25 (ANI): The Central government on Friday said that the Special Liquidity Scheme of Rs 30,000 cr for Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) is being implemented from July 1 this year as a follow up of one of the announcements
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India offers best destination for foreign investment in MSMEs, NBFCs: Niti
Updated : 5 years, 7 months ago IST
New Delhi [India], July 22 (ANI): Calling India as the most favourable destination for foreign investment, Union Minister Nitin Gadkari on Tuesday urged foreign investors to reap rich dividends by investing in the country's infrastructure, MSMEs, banks, NBFCs and other sectors.
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PSBs to purchase NBFC bonds/CPs worth Rs 14,667 cr under extended PCGS: FM
Updated : 5 years, 8 months ago IST
New Delhi [India], July 15 (ANI): Public sector banks have approved a plan for the purchase of bonds and commercial papers issued by 67 non-banking finance companies (NBFCs) amounting to Rs 14,667 crore under the extended Partial Credit Guarantee Scheme (PCGS), Union Finance Minister Nirmala
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World Bank, India sign $750 million emergency response programme for MSMEs
Updated : 5 years, 8 months ago IST
New Delhi [India], July 6 (ANI): The World Bank on Monday signed a 750 million dollar (about Rs 5,600 crore) agreement with the government for MSME Emergency Response Programme to support increased flow of finance into the hands of micro, small, and medium enterprises (MSMEs) severely impact
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