Non-banking finance companies

Securitisation market volume clips past $1.02 trillion in FY17

Non-banking finance companies focusing on vehicle finance, and small finance bank applicants benefited from the high demand for priority sector lending assets.

Aug 07, 2017, 18:04 PM IST
NBFC cash loan against gold restricted to Rs 25,000

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
Cabinet liberalises FDI norms for NBFC sector

Cabinet liberalises FDI norms for NBFC sector

Expanding the list of NBFCs which can attract FDI, the Cabinet Wednesday permitted foreign investment through automatic route in "other financial services", if they are under regulators like RBI and SEBI.

Aug 10, 2016, 20:51 PM IST

E-tailing biggies rope in NBFCs to woo sellers with easy loans

SMECorner has tied up with Snapdeal, Flipkart, eBay, Paytm, among other e-commerce players to play a catalyst role to secure easier loans for sellers, he said.

Jul 12, 2015, 16:56 PM IST

PFS net profit plunges 66% in Q4

The stock was trading at Rs 48, down 17.95%, on BSE at 1500 hrs.

May 26, 2015, 15:50 PM IST

Expanded Sarfaesi Act credit positive for some NBFCs: Moody's

The Budget proposal to include non- banking finance companies (NBFCs) under the Sarfaesi Act is credit positive for lenders of loans against property, a leading rating agency said Monday.

Mar 09, 2015, 19:22 PM IST

Non deposit taking NBFCs exempted from data furnishing to CICs

The Reserve Bank has exempted NBFCs registered as core investment companies and those not having any customer interface from providing data on borrowers to credit information companies (CICs).

Jan 28, 2015, 22:14 PM IST

NBFCs' bad loans level may go up to 6.1% in over 3 years: Care

NBFCs have witnessed a stress in asset quality during the last two-three years due to weak operating environment and economic downturn.

Dec 07, 2014, 12:46 PM IST

RBI reviewing regulatory framework for unregulated NBFCs

The Reserve Bank Monday said it is in the process of reviewing the regulatory framework for unregulated non-banking finance companies with a view to check financial frauds.

Jun 16, 2014, 21:48 PM IST

RBI not to issue fresh NBFC licence for one year

However, COR applications already received by the Bank on or before March 31, 2014, will be disposed of in the normal course, it said.

Apr 01, 2014, 23:07 PM IST

RBI notifies final guidelines on bad loans for NBFCs

The Reserve Bank on Friday came out with final guidelines for the non-banking finance companies (NBFCs) with regard to the early detection and recovery of bad loans.

Mar 21, 2014, 23:01 PM IST

NBFCs have advantage in bank licence application: Chakrabarty

Non-banking finance companies (NBFCs) have advantage over other applicants for banking licences as they already have good customer base, Reserve Bank Deputy Governor K C Chakrabarty said Wednesday.

Oct 09, 2013, 22:37 PM IST

RBI to examine financials of 34,754 NBFCs: Meena

The government on Tuesdaysaid the Reserve Bank will examine financials of 34,754 non-banking finance companies (NBFCs) to ascertain their eligibility.

Aug 13, 2013, 18:31 PM IST

Asset financing NBFCs allowed to access ECB market

The RBI in a notification today said: "On a review of ECB policy, it has been decided to allow NBFCs, categorised as Asset Finance Companies (AFCs) by the RBI...To avail of ECB."

Jul 08, 2013, 23:11 PM IST

RBI asks NBFCs to give customers unique ID code

The Reserve Bank today asked non- banking financial companies (NBFCs) to allot customers unique identification code to avoid multiple identities.

May 03, 2013, 20:41 PM IST

NBFCs say RBI likely to leave repo rate unchanged

Non-banking finance companies on Tuesday said the Reserve Bank is likely to keep its key lending rate intact in the forthcoming monetary policy review, but expect a 0.25 percent reduction in the cash reserve ratio.

Apr 09, 2013, 17:59 PM IST

Leading NBFCs' rating outlook stable in 2013: India Ratings

Despite the proposed stricter RBI guidelines for the sector, major non-banking finance companies (NBFCs) have a stable rating outlook in the current year due to their robust pre-provision operating profits, India Ratings said in a report.

Jan 31, 2013, 22:49 PM IST

Manappuram, Muthoot Finance rise by up to 20% on RBI proposal

Manappuram Finance surged 19.97 percent to touch the upper circuit limit of Rs 40.55 on the BSE.

Jan 03, 2013, 18:04 PM IST

RBI likely to meet NBFCs this month for finalisation of norms

The Reserve Bank is likely to meet the representatives of non-banking finance companies (NBFC) this month for consultation before finalising the guidelines for the sector.

Jan 02, 2013, 21:26 PM IST

Proposed RBI norms may put a dent in NBFCs' profitability: ICRA

The proposed guidelines by the Reserve Bank for the non-banking finance companies (NBFCs) are likely to impact the profitability of these entities by 15-20 basis points (0.15-0.20%) in medium-term, according to a research report by the rating agency ICRA.

Dec 27, 2012, 16:44 PM IST