NBFCs

Integrated Ombudsman Scheme: Register your complaint against bank or its staff directly to RBI with THESE steps

It’s an overarching platform where customers can register their complaints against Banks, NBFCs, or Bad behaviours of bank officers, or any problem related to ATM and Banking system. 

Oct 29, 2022, 17:14 PM IST

Interest Rate Hikes: Will FD Rates Surpass the 7% Mark?

Fixed Deposit, as a savings option, can also work as an emergency fund, if you need to fund unplanned expenses.

Sep 20, 2022, 16:09 PM IST

Reserve Bank of India comes out with provisioning norms for large NBFCs

Further, RBI said the rate of provision for restructure loans will as per the stipulation in the applicable prudential norms.

Jun 06, 2022, 18:59 PM IST

RBI brings new credit, debit card rules, penalties! Check latest update

The RBI has introduced a new set of rules related to debit and credit cards, overhauling the existing guidelines.  

Apr 21, 2022, 22:14 PM IST

NBFCs to see stability in FY23; capital, margins, provisioning strengths: Report

The agency, which maintained a 'neutral' sector outlook and 'stable' rating outlook for the NBFCs, said its expectations will hold true in the absence of any negative event.

Feb 25, 2022, 18:45 PM IST

RBI proposes to strengthen ALM framework for NBFCs in annual report FY2019

Reserve Bank of India said that it will provide required liquidity backstop to the banks against their excess G-sec holdings.

Aug 30, 2019, 11:22 AM IST

Centre responsive to slowdown, but more steps needed: Report

On the measures announced to boost auto sales, the report noted that the auto sector may benefit marginally.

Aug 26, 2019, 15:00 PM IST

Loans from NBFCs to developers halved in FY19: Report

The report observed that default by leading NBFC, IL&FS, in scheduled payments led to a liquidity squeeze in the real estate sector since September 2018.

Aug 22, 2019, 11:08 AM IST

No Debenture Redemption Reserve norm for listed firms, NBFCs

A statement by the Corporate Affairs Ministry said that the decision has been taken in pursuance of the budget announcements for 2019-20 by Finance and Corporate Affairs Minister Nirmala Sitharaman.

Aug 20, 2019, 11:39 AM IST

SEBI may ease NBFC share buy-back norms

If approved, then the new norms will follow the government's scheme to provide a one-time partial credit guarantee to PSBs for purchase of pooled assets of financially sound NBFCs.

Aug 20, 2019, 11:38 AM IST

RBI releases guidelines for lending by banks to NBFCs for On-Lending

RBI said, Bank credit to NBFCs for On-Lending will be allowed upto a limit of five percent of individual bank’s total priority sector lending on an ongoing basis.

Aug 14, 2019, 10:49 AM IST

Bank lending to non-bank firms set to gather pace: Shaktikanta Das

The central bank was closely monitoring and scrutinising the top 50 NBFCs, and had a good understanding of what were the numbers and cash flows of these firms, Das was quoted as saying.

Jul 26, 2019, 11:13 AM IST

Sebi bars trading members from pledging certain securities of clients

The latest requirements, which also come against the backdrop of crisis in the NBFC sector, would be effective from September 1.

Jun 21, 2019, 11:16 AM IST

Flipkart ties up with banks, NBFCs to offer quick loans

It has revamped its seller financing programme called 'Growth Capital' which allows over 1 lakh sellers to avail of credit from 10 banks and NBFCs with one-day approval and disbursal in the next two days, the company said in a statement Thursday.

Jun 21, 2019, 10:41 AM IST

RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector

The country's largest lender SBI too said it has been closely monitoring its exposure to the NBFC sector for the past 10 months and taking action as required.

Jun 07, 2019, 11:05 AM IST

RBI eases norms for NBFCs to securitise loan books

As per a notification of the RBI, non-banking financial companies (NBFCs) have been permitted to securitise loans of over five-year maturity after holding them for six months on their books.

Nov 30, 2018, 12:38 PM IST

NBFC crisis poses more growth headwinds: Report

The other headwinds for growth include higher rates, lower fiscal headroom and sub-par private sector spending.

Nov 08, 2018, 15:27 PM IST

RBI announces more steps to increase credit flow to NBFCs

The move will help provide liquidity to housing finance companies (HFCs) and non-banking finance companies (NBFCs) which have come under pressure following series of default by IL&FS group companies.

Oct 19, 2018, 13:45 PM IST

SBI steps in to rescue cash strapped NBFCs, to buy good assets worth Rs 45,000 crore

NBFCs along with mutual funds have been facing a liquidity crunch following a series of loan repayment default since late September by IL&FS and its group companies.

Oct 10, 2018, 09:46 AM IST

India's shadow banking sector likely to face shake-up after IL&FS default

The NBFC loan books have grown at nearly twice the pace of banks, and the cream of them, including IL&FS, had received top credit ratings.

Sep 28, 2018, 15:03 PM IST