• Tag results for NBFC

26.5 kg out of 32 kg of gold looted from Muthoot office in Bihar recovered; 3 held

DGP Gupteshwar Pandey congratulated the police teams that cracked the case of robbery of gold, which was one of the biggest in the country in recent memory.

published on : 10th February 2019

Reliance Group of companies to take legal action against stake-claiming NBFCs

While the legal course will be independent to protect stakeholders, the company made the announcement a day after it said a few NBFCs have pledged of the company's listed shares.

published on : 10th February 2019

Yashwant Sinha demands probe into alleged Rs 31,000 crore fund diversion by DHFL

According to a Cobrapost expose, Dewan Housing Finance Corporation Limited (DHFL) through layers of shell companies allegedly siphoned off Rs 31,000 crore out of total bank loans of Rs 97,000 crore.

published on : 29th January 2019

Real estate sector needs a boost from the Union Budget to turn around fortunes

Here are a few recommendations we believe will help the cause of real estate in general and housing demand in particular.

published on : 29th January 2019

Self-regulatory body for non-bank firms mulled: Economic Affairs Secretary

Abhimanyu Munjal, the co-chair of CII National Committee on NBFCs, said the sector would be happy to set up an independent self-regulatory organisation (SRO) nurtured by CII and under the CII’s umbrel

published on : 6th January 2019

NBFCs can grow in infra sector: Economic Affairs Secretary

Interestingly, this comes at a time when the investor confidence and lending has become cautious of NBFC sector post defaults by the Infrastructure Leasing & Financial Services Ltd (IL&FS).

published on : 6th January 2019

Lack of refinance facility for NBFCs needs debate: Mahindra and Mahindra Financial Services

How frequently can NBFCs meet RBI so that problems can be fixed before they grow is also an issue to discuss, Iyer said.

published on : 4th January 2019

RBI governor Shaktikanta Das to meet MSME, NBFC heads, forms panel to study sector issues

The RBI also announced setting up of an eight-member committee headed by former UTI and SEBI chairman UK Sinha to study the issues affecting the MSME sector.

published on : 3rd January 2019

Outstanding advances to MSMEs on the rise as NPAs register fall

RBI also allowed banks and NBFCs an extension to classify loan accounts of eligible MSME borrowers as NPAs to 180 days, subject to certain conditions.

published on : 2nd January 2019

RBI extends enhanced single borrower limit facility till March 31

A bank can give loans to the extent of 15 per cent of its capital fund to a particular non-banking finance company (NBFC) or Housing Finance Company (HFC).

published on : 29th December 2018

Bank credit to NBFCs up 55.6% YoY in October

One of the major contributors to the increase in bank credit to the NBFCs could be the NBFC asset purchase the banks announced.

published on : 1st December 2018

RBI, Centre to review financial health of NBFCs

In the last one month, the RBI took several steps to address the liquidity issue.

published on : 28th November 2018

Banks may stay away from NBFC, HFC bonds under special window

The RBI, on November 2, permitted banks to provide PCE to bonds issued by systematically important NBFCs and housing finance companies (HFCs), a move aimed to enhance their liquidity position.

published on : 26th November 2018

Banks likely to recoup lost market share on lending side, but deposits a challenge: CLSA

Lenders face structural pressure in the area of retail term deposits, with non-bank players offering 33 per cent higher net-of-tax returns for the same gross yield, CLSA said.

published on : 11th November 2018

Affordable homes help to light up dark Diwali for real estate sector   

While luxury sales have taken a hit, builders in some parts of the country are banking on affordable and premium homes contributing to increased sales.

published on : 9th November 2018
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