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Non Banking Finance Companies Nbfcs
Business  /  Published 06.10.21

NCLT move backfired on Srei

The Srei group’s decision to proactively move to NCLT in a bid to recast debt and repay creditors in retrospect could have irked the bankers and prompted the Reserve Bank of India to trigger its...
By Pinak Ghosh in Calcutta

Business  /  Published 02.10.21

HDFC Bank in a spot over fake loan fee

A whistleblower has alleged that HDFC Bank has levied processing fees on customers who had submitted forged or suspected documents to get loans — instead of reporting them to the authorities. T...
By Our Bureau in Mumbai

Business  /  Published 25.08.21

Govt alert on Nidhi firms

The government on Tuesday again urged investors to check the antecedents of Nidhi companies before putting in their money, as at least 348 entities have failed to meet the criteria to be declared as N...
By PTI in New Delhi

Business  /  Published 24.08.21

IPO appetite diminishing

Five out of the eight initial public offers (IPOs) which mopped up Rs 13,857.07 crore in August are trading below their issue prices,  raising concerns if the big party around public issues is ov...
By Sambit Saha, Pinak Ghosh in Calcutta

Business  /  Published 22.06.21

Assam prop for Bandhan

The Bandhan Bank scrip surged on the bourses on Monday on the back of an announcement by the Assam government last Friday to offer a relief package to bail out small-loan borrowers in the northeastern...
By A Staff Reporter in Calcutta

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Business  /  Published 16.06.21

NBFC-MFIs seek level playing field

Non-bank microfinance companies (NBFC-MFI), which constitute 30.8 per cent of the overall microfinance credit portfolio, expect a level playing field with banks and small finance banks if the proposed...
By A Staff Reporter in Calcutta

Business  /  Published 15.06.21

Uniform rules for MFIs

The Reserve Bank on Monday proposed a uniform regulatory framework for the microfinance sector, wherein MFIs can provide collateral-free loans to households at board-determined interest rates.  ...
By PTI in Mumbai

Business  /  Published 12.06.21

Audit rules for HFCs

The Reserve Bank of India on Friday extended the risk-based internal audit (RBIA) system to certain housing finance companies (HFCs) in a bid to enhance the quality and effectiveness of their audits. ...
By Our Special Correspondent in Mumbai

Business  /  Published 28.05.21

Stock up on jabs, RBI tells Centre

...
By Our Special Correspondent in Mumbai

Business  /  Published 17.05.21

MSMEs: plea for loan relief plan

Non-banking finance companies (NBFCs) have asked the Reserve Bank of India to extend the relief on working capital limits announced earlier this month to MSMEs as well. The RBI had announced a series...
By Our Special Correspondent in Mumbai


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