NBFC

RBI decision to allow NBFCs apply for Aadhaar-e-KYC Authentication Licence to promote digitisation

NBFCs' are reliant on offline Aadhaar validation or paper-based authentication mechanisms like PAN verification.

published on : 19th September 2021

RBI issues NBFC dividend payout norms 

According to the new guidelines, both NBFCs and housing financiers will need to meet certain benchmarks to qualify for a dividend payment.

published on : 25th June 2021

50.7 million MSMEs in India have no access to formal credit: ACCA report

A decline in economic activities during lockdowns has threatened business continuity for many small businesses, making MSMEs one of the worst-hit sectors.

published on : 2nd June 2021

NBFCs slow down loan disbursements fearing an increase in default rates

Financiers face renewed asset quality and liquidity risks as elevated medical expenses and prevailing uncertainty are impacting repayment capability.

published on : 29th May 2021

Banks, NBFCs must appoint auditors for 3 years: Reserve Bank of India

Non-deposit taking NBFCs with asset size (total assets) below Rs 1,000 crore have the option to continue with their extant procedure.

published on : 28th April 2021

RBI issues guidelines for appointment of statutory auditors of banks, NBFCs

Non-deposit taking NBFCs with asset size below Rs 1,000 crore have the option to continue with their extant procedure.

published on : 27th April 2021

Concerns on retail loan asset quality re-emerge as Covid curbs intensify

The restrictions on movement, for instance, would have a bearing on the collection efforts of NBFCs, especially for microfinance loans, where cash collections still remain dominant.

published on : 23rd April 2021

Finance Industry Development Council seeks MSME restructuring scheme extension till March 2022

It further requested the central bank to provide priority status lending (PSL) classification benefit for banks lending to NBFCs on a permanent basis.

published on : 20th April 2021

NBFCs under pressure as Covid cases rise, lockdowns return 

India’s non-bank financial institutions (NBFC) are likely to face renewed asset quality and liquidity risks in the face of a renewed surge in Covid-19 cases.

published on : 9th April 2021

Put in place policy to refund 'interest on interest' charged during moratorium: RBI to banks

As part of the COVID-19 regulatory package, the RBI had allowed lending institutions to grant a moratorium on payment of instalments of term loans falling due between March 1 and May 31 of last year.

published on : 7th April 2021

Put in place policy to refund 'interest on interest' charged during moratorium: RBI to banks

As part of the COVID-19 regulatory package, the RBI had allowed lending institutions to grant a moratorium on payment of instalments of term loans falling due between March 1 and May 31 of last year.

published on : 7th April 2021

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