Business  /  Published 24.08.22

Micro lenders grow 24%

Microfinance lenders clocked a 24 per cent growth in the April-June quarter even as the industry implemented the new RBI regulations for the sector during the quarter. The combined portfolio of lende...
By A Staff Reporter in Calcutta

Business  /  Published 18.08.22

RBI on rising borrowing costs

With normalisation of monetary policy, Non-Banking Financial Companies (NBFCs) need to be careful of the rise in their borrowing cost, says an RBI article. The non-banking lenders are poised for an e...
By PTI in Mumbai

Business  /  Published 16.05.22

Card Control

Starting June 1, the Reserve Bank of India’s new rules on credit cards will come into play. These rules are aimed at making credit card ownership safer for consumers. The rules address common gr...
By Adhil Shetty

Business  /  Published 30.04.22

Clawback clause in NBFC pay

The Reserve Bank of India (RBI) on  Friday released broad guidelines on compensation of key managerial personnel (KMP) and senior management in non-banking finance companies (NBFCs). The norms g...
By Our Special Correspondent in Mumbai

Opinion  /  Published 15.03.22

Small’s not beautiful

New signboards are often visible, advertising the names of small finance banks. Promoters with 10-year experience in banking and finance of pre-existing, non-banking finance companies, micro-finance i...
By Arindam Gupta


Business  /  Published 03.03.22

KPMG audit of Srei firms questioned

KPMG’s forensic audit into the books of city based NBFC companies — Srei Infrastructure Finance and Srei Equipment Finance — has come under the scanner for not factoring in the erstw...
By Pinak Ghosh in Calcutta

Business  /  Published 21.02.22

Norms to evaluate small borrowers

Based on the parameters, households are categorised as vulnerable, low income and manageable and coupled with district economic potential can be used for determining maximum repayment outgo. “C...
By A Staff Reporter in Calcutta

Business  /  Published 20.12.21

NBFCs fear forced asset sale

The Reserve Bank’s prompt corrective action framework unveiled for non-banking finance companies could see the weaker shadow lenders resort to higher provisions or sales to asset reconstruction ...
By Our Special Correspondent in Mumbai

Business  /  Published 16.12.21

MFI stress eases in Q2

Stress on the microfinance sector has eased during the July-September quarter after a spike in the April-June period because of the second wave of the Covid pandemic. The 30 days past due portfolio f...
By A Staff Reporter in Calcutta

Business  /  Published 15.12.21

Tough regulatory hoops for shadow banks

The Reserve Bank of India has extended its tough, prompt corrective action (PCA) framework to non-banking finance companies that fail to meet prudential performance thresholds. The PCA framework, whi...
By Our Special Correspondent in Mumbai


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