RBI releases guidelines for lending by banks to NBFCs for On-Lending
RBI said, Bank credit to NBFCs for On-Lending will be allowed upto a limit of five percent of individual bank’s total priority sector lending on an ongoing basis.
Aug 14, 2019, 10:49 AM IST
Bank lending to non-bank firms set to gather pace: Shaktikanta Das
The central bank was closely monitoring and scrutinising the top 50 NBFCs, and had a good understanding of what were the numbers and cash flows of these firms, Das was quoted as saying.
Jul 26, 2019, 11:13 AM IST
Sebi bars trading members from pledging certain securities of clients
The latest requirements, which also come against the backdrop of crisis in the NBFC sector, would be effective from September 1.
Jun 21, 2019, 11:16 AM IST
Flipkart ties up with banks, NBFCs to offer quick loans
It has revamped its seller financing programme called 'Growth Capital' which allows over 1 lakh sellers to avail of credit from 10 banks and NBFCs with one-day approval and disbursal in the next two days, the company said in a statement Thursday.
Jun 21, 2019, 10:41 AM IST
RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector
The country's largest lender SBI too said it has been closely monitoring its exposure to the NBFC sector for the past 10 months and taking action as required.
Jun 07, 2019, 11:05 AM IST
RBI eases norms for NBFCs to securitise loan books
As per a notification of the RBI, non-banking financial companies (NBFCs) have been permitted to securitise loans of over five-year maturity after holding them for six months on their books.
Nov 30, 2018, 12:38 PM IST
NBFC crisis poses more growth headwinds: Report
The other headwinds for growth include higher rates, lower fiscal headroom and sub-par private sector spending.
Nov 08, 2018, 15:27 PM IST
RBI announces more steps to increase credit flow to NBFCs
The move will help provide liquidity to housing finance companies (HFCs) and non-banking finance companies (NBFCs) which have come under pressure following series of default by IL&FS group companies.
Oct 19, 2018, 13:45 PM IST
SBI steps in to rescue cash strapped NBFCs, to buy good assets worth Rs 45,000 crore
NBFCs along with mutual funds have been facing a liquidity crunch following a series of loan repayment default since late September by IL&FS and its group companies.
Oct 10, 2018, 09:46 AM IST
India's shadow banking sector likely to face shake-up after IL&FS default
The NBFC loan books have grown at nearly twice the pace of banks, and the cream of them, including IL&FS, had received top credit ratings.
Sep 28, 2018, 15:03 PM IST
Govt to take all measures to ensure liquidity in NBFCs: Jaitley
The minister's remarks come in the wake of stock markets witnessing sudden and stiff fall in intra-day trade on Friday over concerns of liquidity crisis being faced by some of the NBFCs.
Sep 24, 2018, 09:24 AM IST
Crackdown on black money? Finance Ministry releases list of 9,491 'high risk' NBFCs, details inside
Many of these NBFCs were found converting banned currency notes after demonetisation by receiving cash as deposits and issuing back-dated FDs and cheques.
Feb 26, 2018, 17:51 PM IST
Mutual Funds bet most on government securities: ASSOCHAM
However, for securities with a three to six month maturity period, the Non-banking Finance Companies, (NBFCs), bank certificates of deposits and corporate bonds are among the favourite avenues for the MFs.
Oct 08, 2017, 16:54 PM IST
'Bill to address bankruptcy in fin sector in next Parliament session'
The government is likely to introduce in the monsoon session of Parliament a separate bankruptcy law to deal with insolvency in financial sector companies that include banks and NBFCs.
May 23, 2017, 20:15 PM IST
NBFC cash loan against gold restricted to Rs 25,000
Non-Banking Finance Companies (NBFCs) cannot lend more than Rs 25,000 in cash against gold, the Reserve Bank said Thursday.
Mar 09, 2017, 19:46 PM IST
DIPP notifies 100% FDI in more financial services
The commerce and industry ministry Tuesday notified 100 percent foreign direct investment in 'other financial services' carried out by NBFCs.
Oct 25, 2016, 22:06 PM IST
India needs $1 trillion for housing, infra projects: Report
India will require investments of USD 1 trillion over the next 5-7 years to meet demand from infrastructure and housing with banks, private equity and NBFCs likely to be main sources of funds, says a report.
Oct 13, 2016, 20:49 PM IST
'GDP to bank credit growth link weakening due to alternatives'
Historical correlation between GDP growth and banks' credit expansion is fast eroding due to proliferation of other institutions, and lenders will have to make a slew of changes to regain their share, Reserve Bank Deputy Governor S S Mundra Wednesday said.
Sep 28, 2016, 16:53 PM IST
Cabinet's gift to NBFCs by opening financial service sector for FDI
Cabinet's gift to NBFCs by opening financial service sector for FDI. Watch this special segment and get to know more here.
Aug 11, 2016, 15:48 PM IST
Govt may permit 100% FDI in 25 more segments of NBFCs
Government is expected to propose 100 percent FDI in 25 more segments of NBFCs including commodity broking and infrastructure debt fund with a view to attract more foreign inflows.
Mar 21, 2016, 18:24 PM IST