Edelweiss raises Rs 6,600 crore, eyes new USD 1 billion realty fund

According to the group, the AMC is also planning to raise an alternative investment fund (AIF) of over $1 billion next year which will look to invest in Indian real estate assets.

published on : 20th October 2020

NBFC delinquencies may rise up to 250 bps in FY21: Crisil

This is a base-case estimate without factoring in loan restructuring and the COVID-19 affliction curve, it said.

published on : 18th September 2020

FM Nirmala Sitharaman to meet bankers on loan recast on Thursday

Restructuring benefit can be availed by those whose account was standard on March 1 and defaults should not be over 30 days.

published on : 30th August 2020

24 proposals worth Rs 8,594 crore of stressed NBFCs, HFCs sanctioned so far under SLS

NBFCs and HFCs came under stress following a series of defaults by IL&FS group firms in September 2018.

published on : 22nd August 2020

NBFCs, HFCs seek Rs 14,000 crore financial help

The scheme was launched on July 1 for stressed NBFCs and HFCs whose financial health deteriorated further due to the Covid-19 crisis.

published on : 26th July 2020

Stressed NBFCs, HFCs seek about Rs 10,000 crore financing support under special liquidity scheme

NBFCs and HFCs came under stress following a series of defaults by IL&FS group firms in September 2018.

published on : 12th July 2020

RBI asks banks to reclassify MSMEs as per revised criteria

Last month, the government notified new criteria for classification of micro, small and medium enterprises (MSMEs) on the basis of turnover and investment in plant and machinery.

published on : 2nd July 2020

COVID-19: Delhi HC notice to Centre, RBI on plea for restructuring of loans by banks, NBFCs

The plea said that the issue involved in the present Petition is regarding the restructuring of the loan accounts of the Petitioners, due to deterioration of the financial landscape of the economy.

published on : 11th June 2020

NBFCs seek one-time loan restructuring

FIDC also sought an extension of the tenure of the Rs 30,000-crore special liquidity scheme to three years as against three months currently.

published on : 30th May 2020

Banks not passing lower rate benefits to borrowers, developers: CREDAI to RBI

The association requested RBI Governor Shaktikanta Das to direct banks to pass on the rate cuts to NBFCs and housing finance companies.

published on : 27th May 2020

COVID-19 lockdown: Housing finance, NBFCs gearing up for 're-entry' strategies of staff

Industry players said that only employees with own transport will be allowed to come to office and that too will be on a voluntary basis.

published on : 17th April 2020

Increase in investment limit of FPIs in corporate bonds from 9 per cent to 15 per cent: FM

In her second Budget presentation, the finance minister said certain government securities will be open for foreign investors.

published on : 1st February 2020