Search For "nbfcs"
RBI announces scheme for improving liquidity position of NBFC, HFCs
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 1 (ANI): The Reserve Bank of India (RBI) on Wednesday said the Centre has approved a scheme to improve the liquidity position of non-banking finance companies (NBFCs) and Housing Finance Companies (HFCs) through a Special Purpose Vehicle (SPV) to avoid any
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S&P downgrades four Indian NBFCs on weakening economic conditions
Updated : 5 years, 8 months ago IST
Singapore, June 27 (ANI): S&P Global Ratings has downgraded ratings on four Indian finance companies on weak economic conditions due to Covid-19 and affirmed ratings on two others.
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Kanimozhi writes to Sitharaman to consider waving interest on loans taken
Updated : 5 years, 8 months ago IST
New Delhi [India], June 25 (ANI): DMK MP Kanimozhi Karunanidhi wrote to Union Finance Minister over the COVID-19 Regulatory Package by the Reserve Bank of India (RBI), requesting her to consider waiving the interest amount on loans taken by women self-help groups (SHGs) for moratorium per
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COVID-19: Delhi HC notice to Centre, RBI on plea for restructuring of loan
Updated : 5 years, 9 months ago IST
New Delhi [India], June 11 (ANI): Delhi High Court has issued notice to the Central government, Reserve Bank of India (RBI) and others on a plea seeking directions to allow a one-time restructuring of loans by all banks and non-banking financial companies (NBFCs) in the wake of coronaviru
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Maruti Suzuki partners with Mahindra Finance for easy car finance schemes
Updated : 5 years, 9 months ago IST
New Delhi [India], June 9 (ANI): In a bid to shore up sales amid challenging economic environment, Maruti Suzuki has joined hands with Mahindra Finance, one of the leading non-banking finance companies (NBFCs), to ease finance availability for customers looking at personal mobility solutions
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Cabinet approves Special Liquidity Scheme for NBFCs/HFCs to address their
Updated : 5 years, 9 months ago IST
New Delhi [India], May 20 (ANI): The Union Cabinet, which met here on Wednesday under the chairmanship of Prime Minister Narendra Modi, gave approval to the Finance Ministry to launch a new Special Liquidity Scheme for non-banking financial companies (NBFCs) and housing finance companies
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Stimulus package to provide relief for financial system but will not solve
Updated : 5 years, 10 months ago IST
Singapore, May 19 (ANI): Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help ease asset risks for the financial sector but not fully offset the negative impact from coronavirus outbreak, Moody' s Investors Service said on Tuesday.
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Religare lauds government's stimulus package for NBFCs, calls it big liqui
Updated : 5 years, 10 months ago IST
New Delhi [India], May 14 (ANI/NewsVoir): Religare Enterprises today hailed Government's stimulus package for the NBFCs.
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Amit Shah hails announcements concerning Rs 20 lakh crore economic package
Updated : 5 years, 10 months ago IST
New Delhi [India], May 13 (ANI): Union Home Minister Amit Shah on Wednesday termed announcements by Finance Minister Nirmala Sitharaman to disallow global tenders up to Rs 200 crore a welcome step towards creating a self-reliant India and a boost to MSMEs and Make in India initiative in t
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Sitharaman announces Rs 30,000 crore special liquidity scheme for NBFCs, M
Updated : 5 years, 10 months ago IST
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs).
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RBI announcements will greatly enhance liquidity, improve credit supply: P
Updated : 5 years, 11 months ago IST
New Delhi [India], April 17 (ANI): Prime Minister Narendra Modi on Friday said that the announcements made by Reserve Bank of India (RBI) will "greatly enhance liquidity and improve credit supply" and would "help small businesses, MSMEs, farmers and the poor".
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RBI slashes reverse repo rate by 25 bps to inject liquidity, no change in
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) on Friday announced a reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent to facilitate bank credit flows amid the coronavirus crisis and subsequent countrywide lockdown which has
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