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Non Banking Finance Companies Nbfcs
Business  /  Published 12.06.20

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 19.05.20

Bajaj Finance profit falls

Bajaj Finance on Tuesday reported a 20 per cent drop in standalone March-quarter net profits on higher impairment charges.The non-banking finance company (NBFC) posted a net profit of Rs 891. 57 crore...
By Our Special Correspondent in Mumbai

Business  /  Published 13.05.20

Tax breaks, easier loans & act of God

MSME definitionAs part of the changes, the definition of MSMEs has been redefined so that if they grow in size they can still reap the benefits of government schemes. The investment limit which define...
By Paran Balakrishnan in New Delhi

Business  /  Published 06.05.20

SBI extends loan holiday to NBFCs

State Bank of India (SBI) on Wednesday extended the three-month loan moratorium announced by the Reserve Bank of India (RBI) in March to non-banking finance companies (NBFCs).The move by the countryâ€...
By Our Special Correspondent in Mumbai

Business  /  Published 23.04.20

Repo auction for NBFCs flops

The Reserve Bank of India (RBI) on Thursday received a poor response to its targeted long term repo operation (TLTRO 2.0) — an indication of banks’ aversion to fund non-banking finance companies (...
By Our Special Correspondent in Mumbai

Business  /  Published 22.04.20

Repo bond sale today

Banks appetite for bonds of non-banking finance companies (NBFCs) will be seen on Thursday as the RBI will open a new borrowing window called the targeted long-term repo operations (TLTRO 2.0).The fir...
By Our Special Correspondent in Mumbai

Business  /  Published 20.04.20

Loan window aim in doubt

All eyes are now on the upcoming long-term repo operations (TLTROs) aimed at helping the cash strapped non-banking finance companies (NBFCs) and micro-finance institutions (MFIs) — with the first ro...
By Our Special Correspondent 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

Business  /  Published 01.03.20

Bank credit growth dips to 8.5% in Jan: RBI data

Bank credit growth declined to 8.5 per cent in January from 13.5 per cent in the year-ago period led by a sharp slowdown in loans to the services sector, according to RBI data.Growth in advances to th...
By PTI in New Delhi

Business  /  Published 07.02.20

Bank bailout bill back on agenda

Union finance minister Nirmala Sitharaman on Friday disclosed that North Block has again started working on the Financial Resolution and Deposit Insurance (FRDI) Bill. The bill had spooked depositors ...
By Our Special Correspondent in Mumbai


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