Search For "non banking finance companies"
Lockdowns adversely impact collections of non-bank finance companies: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], June 3 (ANI): Investment information firm ICRA has said that non-banks (non-banking finance companies and housing finance companies) will feel the stress of second wave Covid-19 lockdowns and movement restrictions imposed by various states in April and May.
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NBFCs continue to lose market share in housing, private auto segments: Emk
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Feb 22 (ANI): The trend of market share losses for non-banking finance companies (NBFCs) to banks is continuing in housing and private auto segments, Emkay Global Financial Services said on Monday.
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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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NBFC disbursements picking up, collection efficiency at 70 to 80 pc levels
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 9 (ANI): With improving macros across most business segments, there is increased optimism on collection efficiency as well as on growth across product segments, Motilal Oswal Financial Services said on Wednesday.
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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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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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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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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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