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Non Banking Financial Companies Nbfcs
Business  /  Published 04.02.21

Stricter NBFC audit

The Reserve Bank of India (RBI) on Wednesday announced a risk-based internal audit (RBIA) system for select non-bank lenders and urban co-operative banks (UCBs) to enhance the quality and effectivenes...
By Our Special Correspondent in Mumbai

Business  /  Published 27.01.21

Aadhar Housing set for float

Blackstone-backed Aadhar Housing Finance Ltd (AHFL) has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise Rs 7,300 crore through an initial public offering (IPO). The...
By Our Special Correspondent in Mumbai

Business  /  Published 23.01.21

Bid to regulate top NBFCs like banks

The Reserve Bank of India (RBI) on Friday proposed a four-layered regulatory structure for non-banking financial companies (NBFCs) with a progressive increase in the intensity of regulation leading to...
By Our Special Correspondent in Mumbai

Business  /  Published 10.12.20

Cabinet seal to job plan

The Union cabinet on Wednesday approved a previously announced job scheme that seeks to encourage businesses to hire new employees. Under the Rs 22,810-crore scheme, the government will provide for t...
By Our Special Correspondent in New Delhi

Business  /  Published 04.09.20

FM for loan recast start in 15 days

Finance minister Nirmala Sitharaman on Thursday asked banks and NBFCs to roll out their loan restructuring schemes for Covid-19 related stress by September 15. “During her interaction, the fina...
By Our Special Correspondent in New Delhi

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Business  /  Published 31.08.20

Sitharaman to discuss loan recast with bankers

Ahead of the roll out of a one-time debt recast for the resolution of Covid-19 related stress in bank loans, finance minister Nirmala Sitharaman will hold a review meeting with bankers and heads of no...
By PTI in New Delhi

Business  /  Published 30.07.20

PM offers recap hope

Prime Minister Narendra Modi on Wednesday held a series of meetings with state-owned banks and NBFCs and assured them of all support to the sector and adequate capital for recapitalisation. He asked ...
By Our Special Correspondent in New Delhi

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 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


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