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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

Competition between banks, NBFCS in retail credit to rise: ICRA

Competitive pressures on retail-focussed NBFCs are to intensify while banks are increasing focus on retail segments due the pressures on corporate credit, according to a report released on Thursday by credit rating agency ICRA.

Mar 18, 2016, 01:38 AM IST

RBI cancels registration certificate of 7 NBFCs

Reserve Bank has cancelled certificate of registration of seven non-banking financial companies (NBFCs) including that of Religare Finance Limited.

Aug 17, 2015, 23:32 PM IST

RBI further eases project loan recast norms for NBFCs

The Reserve Bank on Thursday allowed non-bank lenders to retain the 'standard asset' tag on a restructured loan for an extended period if an infrastructure project is mired in court cases or has been stuck due to reasons beyond the control of promoters.

Jul 30, 2015, 22:50 PM IST

Banking sector likely to witness up to 25% increase in hiring

There will be a significant increase in the salary at mid and senior levels, with most of the companies expanding their portfolio in the sector to retain the talent and compensation and increment rate can go anywhere between 10-15% for top performers.

May 24, 2015, 11:12 AM IST