Advertisement


Non Banking Financial Companies Nbfcs
Business  /  Published 10.06.20

SC to decide if NBFCs can offer moratorium

The Supreme Court on Tuesday listed for hearing on Friday a petition seeking clarification on whether NBFCs can give a moratorium on their loans. A circular by the RBI dated March 27 has allowed banks...
By Our Legal Correspondent in New Delhi

Business  /  Published 21.05.20

NBFCs unhappy with tenure

The special liquidity scheme worth Rs 30,000 crore for stressed non-banking 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 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 20.05.20

NBFCs on the edge

The virus-induced lockdown and its impact would worsen the asset quality of non-banking financial companies (NBFCs) and further aggravate their liquidity stress, according to Moody’s. The rating age...
By Our Special Correspondent in Mumbai

Business  /  Published 14.05.20

Manappuram Finance net profit up 44%

Manappuram Finance on Thursday reported a nearly 44 per cent rise in net profit at Rs 398.20 crore for the quarter ended March 2020, on robust interest income.The non-banking financial company (NBFC) ...
By PTI in New Delhi

Business  /  Published 13.05.20

Rs 30,000 crore NBFC prop

The Centre on Wednesday offered a Rs 30,000 crore liquidity support to NBFCs and another Rs 45,000 crore through a partial credit guarantee programme amid the cash flow problems in the sector, where c...
By Our Special Correspondent in Mumbai

Business  /  Published 13.05.20

Rs 30,000cr boost for housing finance companies, NBFCs

Finance minister Nirmala Sitharaman on Wednesday extended a Rs 30,000 crore special liquidity window for entities that are finding it difficult to raise money from the market amid the Covid-19 crisis ...
By PTI in New Delhi

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 01.03.20

Bank credit growth declines

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 t...
By PTI in Mumbai

Business  /  Published 24.02.20

RBI alert on slow credit growth

RBI governor Shaktikanta Das on Monday said slowing credit growth is one of the major challenges that banks are facing now. Loan growth in the system is hovering around 7 per cent. “Slowing credit ...
By PTI in Mumbai


Advertisement

Download our latest App

to get update on the go...

Advertisement

Advertisement
 
Copyright © 2020 The Telegraph. All rights reserved.