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Nbfcs
Business  /  Published 28.06.20

NBFCs face rating rap

Standard & Poor’s has cut the ratings of four domestic non-banking finance companies (NBFCs). Earlier, the agency had downgraded Axis Bank’s credit rating to below investment grade.The interna...
By Our Special Correspondent in Mumbai

Business  /  Published 05.12.19

Small bank net worth raised

The Reserve Bank of India (RBI) on Thursday raised the net worth requirement for small finance banks (SFBs) to Rs 200 crore from the earlier threshold of Rs 100 crore.The central bank also released gu...
By Our Special Correspondent in Mumbai

Business  /  Published 28.12.18

NBFC funds policy push

The new year could see the RBI taking steps to strengthen the asset-liability management framework of non-banking finance companies and putting in place a new remuneration policy for directors of priv...
By Our Special Correspondent in Mumbai

Business  /  Published 28.12.18

Srei eyes joint lending with banks

Srei is in discussions with banks over joint lending and hopes to offer such loans soon. The initiative, which involves the sharing of risks between banks and non-banking finance companies (NBFCs), is...
By Pinak Ghosh in Calcutta

Business  /  Published 12.11.18

IL&FS starts asset sale drill to turn around

According to the company, in order to ascertain market interest and examine the feasibility of maximisation of value in an orderly and transparent manner, the board on Monday initiated the process of ...
By Our Special Correspondent in Mumbai

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Business  /  Published 21.05.20

NBFCs unhappy with tenure

The special liquidity scheme worth Rs 30,000 crore for stressed nonbanking financial companies (NBFCs) and housing finance companies (HFCs), whose financials further deteriorated because of the Covid-...
By Our Special Correspondent in New Delhi

Business  /  Published 11.06.20

RBI alert on NBFCs

The RBI has cautioned that India’s non-banking finance companies (NBFCs) are not out of the woods yet as some of them could face elevated liquidity pressures and difficulties in meeting their fundin...
By Our Special Correspondent in Mumbai

Business  /  Published 10.10.18

Stocks recover on Dalal Street

The smile was back among investors as the benchmark indices staged a strong rally on short-covering even as buying was seen in beaten-down sectors such as financial and auto stocks.Equities hit the ri...
By Our Special Correspondent in Mumbai

Business  /  Published 21.04.20

45 days to invest repo funds: RBI

The RBI on Tuesday said banks will have 45 days to invest the cheaper funds raised through the second version of the targeted long-term repo operations (TLTROs) in view of disruptions because of the c...
By PTI in Mumbai

Business  /  Published 06.04.20

NBFCs seek credit line

The Finance Industry Development Council (FIDC), an industry body representing non-banking finance companies (NBFCs), has sought a special liquidity line for the sector against the assets held by thes...
By Our Special Correspondent in Mumbai


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