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non-banking financial companies

Loans from NBFCs to developers halved in FY19: Report

The report observed that default by leading NBFC, IL&FS, in scheduled payments led to a liquidity squeeze in the real estate sector since September 2018.

Aug 22, 2019, 11:08 AM IST

RBI extends relaxed norms for NBFC loan securitisation till December 31

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.

May 30, 2019, 10:44 AM 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

FSDC discusses NBFC liquidity issues; RBI assures adequate fund flow in system

The meeting assumes significance as the FSDC is meeting for the first time after RBI Deputy Governor Viral Acharya raised the issues regarding independence of the central bank.

Oct 30, 2018, 16:24 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

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

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

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

NBFC asset quality to stabilise over next 12 months: Moody's

Considering the ongoing reforms in the norms of non-performing loans, the asset quality of non-banking financial companies in India is likely to stabilise over the next 12 months, Moody's Investors Service said on Friday.

Oct 09, 2015, 11:46 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 makes changes in NBFCs management control more stringent

The Reserve Bank Thursday tightened the norms for acquisition/transfer of control of non-banking financial companies (NBFCs) by making it mandatory to seek prior approval from it.

Jul 09, 2015, 23:55 PM IST

NBFCs can refer to price on bourses for lending against gold

The Reserve Bank on Thursday allowed Non-Banking Financial Companies (NBFCs) to use gold price at commodity exchange to determine the value of the metal for purpose of advancing loans against it.

May 21, 2015, 20:27 PM IST

Banks, NBFCs need RBI, SEBI nod to act as investment advisers

Banks and Non-Banking Financial Companies (NBFCs) planning to provide investment advisory services have to obtain approvals from both the RBI and the SEBI.

Feb 25, 2015, 19:21 PM IST

Treat NBFCs at par with banks on taxation front, says CII

Ahead of the budget, industry body CII Wednesday demanded that non-banking financial companies be treated at par with banks for taxation purposes in order to promote balanced development of the financial sector.

Feb 18, 2015, 21:22 PM IST

Reserve Bank planning more measures for NBFCs

The Reserve Bank of India (RBI) is considering more measures for non-banking financial companies (NBFCs), including more oversight and bringing state-owned firms under central bank supervision, Deputy Governor R. Gandhi said in a speech on Sunday.

Nov 24, 2014, 17:45 PM IST

HC quashes RBI communication on NBFC interest rate

Quashing a RBI communication, Madras High Court bench here Friday said the apex bank cannot wash off its hand of the responsibility of regulating interest rates charged by non-banking financial companies (NBFCs) and asked it to look into the matter in terms of Fair practice Code as well as circulars issued by it.

Nov 14, 2014, 20:39 PM IST

RBI tightens norms for NBFCs; revokes registration suspension

Tightening norms for non-banking financial companies (NBFCs), RBI Monday raised capital adequacy requirement and net owned fund limit, among others, with an objective to mitigate risks in the sector.

Nov 10, 2014, 23:07 PM IST

RBI, govt working to regulate illegal money taking entities

The Reserve Bank is working with the government to bring about changes in the law to regulate the entities who are illegally accepting deposits from the public, Deputy Governor R Gandhi said on Thursday.

Aug 21, 2014, 19:51 PM IST

RBI allows NBFCs to use e-KYC service to verify identity

Non-Banking Financial Companies (NBFCs) have been allowed to accept e-KYC service as a valid process to verify identity and address proof of customers to reduce risk of fraud and forgery.

Jul 14, 2014, 22:04 PM IST

RBI introduces common registration form for various NBFCs

The Reserve Bank on Tuesday simplified the registration process for Non-Banking Financial Companies by introducing a common application form for various types of NBFCs.

May 20, 2014, 18:04 PM IST