Search For "nbfcs"
India's credit squeeze pushes growth to a six-year low: Fitch Ratings
Updated : 6 years, 4 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.
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Nucleus Software clocks revenue of Rs 128 crore in Q2 FY20
Updated : 6 years, 4 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.
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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.
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Private banks, financial institutions not facing liquidity problem: Sithar
Updated : 6 years, 5 months ago IST
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.
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Sitharaman reviews performance of banks with top management
Updated : 6 years, 5 months ago IST
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.
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Banks to hold meetings in 400 districts to boost credit flow: Sitharaman
Updated : 6 years, 5 months ago IST
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
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NBFCs and HFCs to face growth headwinds along with continued funding chall
Updated : 6 years, 6 months ago IST
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).
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Edelweiss Group, Central Bank of India partner to co-lend to MSMEs
Updated : 6 years, 6 months ago IST
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.
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Centre removes DRR requirement for listed companies, HFCs, NBFCs
Updated : 6 years, 6 months ago IST
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).
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RBI working towards stable financial system in evolving scenario: Shaktika
Updated : 6 years, 6 months ago IST
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.
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RBI announces measures to open up liquidity for NBFCs
Updated : 6 years, 7 months ago IST
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.
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DHFL's solvency stress is credit negative for Indian banks: Moody's
Updated : 6 years, 7 months ago IST
Singapore, July 22 (ANI): Dewan Housing Finance Corporation Limited's (DHFL's) weakening solvency is credit negative for Indian banks because they are key lenders to the company and its default will negatively affect their asset quality and profitability, Moody's Investors Service said on Mo
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