New Delhi [India], Dec 3 (ANI): Public sector banks (PSBs) disbursed Rs 2.39 lakh crore to micro, small and medium enterprises (MSMEs), non-banking finance companies (NBFCs), corporates, retail and agriculture sector borrowers in November, raising the total disbursement since the launch of t
Mumbai (Maharashtra) [India], Nov 30 (ANI): The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL).
Mumbai (Maharashtra) [India], Nov 21 (ANI): New guidelines on liquidity risk management (LCR) announced by the Reserve Bank of India (RBI) for non-banking finance companies (NBFCs) including core investment companies (CICs) will increase discipline in liquidity maintenance and improve transp
New Delhi [India], Nov 3 (ANI): While the liquidity condition in market improves for non-banking finance companies (NBFCs), it is imperative for them to establish strong governance and risk management practices to restore investor confidence and reduce overall borrowing costs, according to a
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).
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).
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.
New Delhi [India], Apr 7 (ANI): Retail non-banking finance companies (NBFCs) are likely to witness improvement in liquidity conditions during the second half of current fiscal year (October 2019 to March 2020), market experts say.
New Delhi [India], Oct 13 (ANI-NewsVoir): Finally, after more than one year of uncertainty about peer-to-peer lending startups regulations. The Reserve Bank of India (RBI), in a gazette notification, stated that after confirming its necessity, peer-to-peer lending startups have been identifi
New Delhi [India], Oct. 8 (ANI): "When it comes to deploying their resources for long-term debt products, the mutual funds bet the most on the government securities or the sovereign," according to an ASSOCHAM analysis.
New Delhi [India], Sep 27 (ANI): Non-banking finance Companies (NBFCs - excluding NBFC-MFIs) are likely to witness an increase in the 90+day delinquencies, by about 20-50 bps, from the levels of about 4.9 percent as on June 30, 2017.
New Delhi [India], Oct 26 (ANI): The Commerce and Industry Ministry has in a press note said that the government has liberalized its FDI policy in other financial services and non-banking finance companies (NBFCs).