NBFC

Cell headed by cop to monitor NBFCs: MP govt tells Assembly

Cell headed by cop to monitor NBFCs: MP govt tells Assembly

The Madhya Pradesh government today told the state Legislative Assembly that a cell headed by a senior police officer is being constituted to monitor the activities of the non-banking financial companies (NBFCs) in the state.

Nov 29, 2017, 12:33 PM IST
Investment in realty sector at $5 billion so far this year: KPMG

Investment in realty sector at $5 billion so far this year: KPMG

Institutional investors have put in USD 5 billion so far this year into the real estate sector, largely in commercial assets, according to KPMG.

Sep 21, 2017, 19:48 PM IST
Sebi allows REITs, InvITs to raise funds via bonds

Sebi allows REITs, InvITs to raise funds via bonds

Sebi's board has approved amendment to REITs and InvITs regulations in order to facilitate growth of such trusts, the regulator said in a statement after its board meeting.

Sep 18, 2017, 18:14 PM IST
SAT rejects Sahara plea against Sebi order on mutual fund biz

SAT rejects Sahara plea against Sebi order on mutual fund biz

The Tribunal said the law empowers Sebi to take actions in the interest of protecting investors and hence lifting the corporate veil to the extent to identify who controls a regulated entity cannot be faulted.

Jul 28, 2017, 17:48 PM IST
Adani Capital invests Rs 50 crore in PRA Realty's project in Pune

Adani Capital invests Rs 50 crore in PRA Realty's project in Pune

Adani Capital, the NBFC arm of the Adani Group, will invest Rs 50 crore in PRA Realty's project in Pune.

Jun 21, 2017, 18:02 PM IST

Home Credit India launches mobile app, enables access to loan and repayment details instantly

In its efforts towards going digital and engaging with customers closely by providing access on-the-go, Home Credit India, one of India`s leading NBFC, has launched its mobile app.

Jun 05, 2017, 22:06 PM IST
'Bill to address bankruptcy in financial sector in next Parliament session'

'Bill to address bankruptcy in financial 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, 18:04 PM IST
Know where you can get interest rate of above 8% on fixed deposits

Know where you can get interest rate of above 8% on fixed deposits

Fixed deposits allow you to put in a lump sum for a pre-stipulated period of time and earn a fixed rate of interest on it.

Apr 07, 2017, 16:11 PM IST
Demonetisation: RBI gives borrowers additional 60 days to repay loans after cash crunch

Demonetisation: RBI gives borrowers additional 60 days to repay loans after cash crunch

As a relief to the small borrowers, the RBI has said that banks, NBFCs, housing finance companies, NBFC (MFI) and other entities regulated by it are given additional 60 days time before classifying a loan account sub-standard.

Nov 21, 2016, 18:57 PM IST
Asset backed retail loans' quality to improve in 2 yrs: Moody's

Asset backed retail loans' quality to improve in 2 yrs: Moody's

Moody's Investors Service on Thursday said the asset quality of retail loans backing Indian asset-backed securities (ABS) will improve over the next two years, despite an expected uptick in non-performing loans.

Oct 13, 2016, 14:23 PM IST
Parsvnath Developers to raise up to Rs 1,000 crore via NCDs

Parsvnath Developers to raise up to Rs 1,000 crore via NCDs

Realty firm Parsvnath Developers is planning to raise up to 1,000 crore through issuance of non-convertible debentures (NCDs), the company said on Saturday.

Aug 20, 2016, 17:46 PM IST
On-tap bank licencing 'credit positive' for NBFCs: Moody's

On-tap bank licencing 'credit positive' for NBFCs: Moody's

Non-banking finance companies will benefit from RBI's decision to herald 'on tap' universal banking licence regime, Moody's Investors Service said on Monday.

Aug 08, 2016, 14:07 PM IST
RBI notifies rates for small saving schemes for Q2

RBI notifies rates for small saving schemes for Q2

Reserve Bank on Thursday notified the interest rates for different small savings schemes for the quarter ending September.

Jul 07, 2016, 19:26 PM IST
RBI simplifies registration process for new NBFCs

RBI simplifies registration process for new NBFCs

The Reserve Bank on Friday simplified the process of registration of new NBFCS by reducing the application form and the checklist of documents from the existing set of 45 documents to about eight.

Jun 17, 2016, 18:40 PM IST
RBI proposes norms for on-tap bank licenses, rules out big business houses

RBI proposes norms for on-tap bank licenses, rules out big business houses

The Reserve Bank of India (RBI) on Thursday unveiled norms for on-tap universal banking licenses leaving out big business houses such as Reliance, Tata and Birla which were aggressively trying for floating universal banks.

May 06, 2016, 09:18 AM IST

SMEs raise Rs 290 crore through IPOs in 2015-16

 Riding on upbeat market sentiment, as many as 44 small and medium enterprises (SMEs) got listed on capital markets with initial public offerings worth Rs 290 crore in the past fiscal.

Apr 05, 2016, 15:41 PM IST
RBI cancels registration certificate of BNP Paribas, 3 other NBFCs

RBI cancels registration certificate of BNP Paribas, 3 other NBFCs

The Reserve Bank of India on Wednesday said it has cancelled registration certificates of four non-banking financial companies (NBFCs) including BNP Paribas

Mar 10, 2016, 04:22 AM IST

RBI top brass discusses NPA issues with bankers, ARCs

Reserve Bank Governor Raghuram Rajan and other top RBI officials met bankers, representatives of asset reconstruction companies and NBFCs Monday to discuss effectiveness of distressed assets resolution mechanism and sought their suggestions to make it more efficient.

Jan 18, 2016, 23:56 PM IST
RBI's in-principal nod to Payment Banks and Small Finance Banks

RBI's in-principal nod to Payment Banks and Small Finance Banks

In Augsut, the RBI granted approval to 11 entities, including Reliance Industries, Aditya Birla Nuvo, Airtel, Vodafone M-pesa and India Post among others, for launching payments banks.

Dec 16, 2015, 16:54 PM IST
Bank credit growth still lingers in H1 as debt market soars

Bank credit growth still lingers in H1 as debt market soars

Bank credit growth continued to disappoint during first half of the current fiscal with an annual growth of just 8.4 per cent at Rs 62.02 trillion (Rs 62.02 lakh crore), down 20 bps, as per Care Ratings.

Nov 15, 2015, 16:47 PM IST