Govt to take all measures to ensure liquidity in NBFCs: Jaitley
The minister's remarks come in the wake of stock markets witnessing sudden and stiff fall in intra-day trade on Friday over concerns of liquidity crisis being faced by some of the NBFCs.
Sep 24, 2018, 09:24 AM IST
Crackdown on black money? Finance Ministry releases list of 9,491 'high risk' NBFCs, details inside
Many of these NBFCs were found converting banned currency notes after demonetisation by receiving cash as deposits and issuing back-dated FDs and cheques.
Feb 26, 2018, 17:51 PM IST
Mutual Funds bet most on government securities: ASSOCHAM
However, for securities with a three to six month maturity period, the Non-banking Finance Companies, (NBFCs), bank certificates of deposits and corporate bonds are among the favourite avenues for the MFs.
Oct 08, 2017, 16:54 PM IST
'Bill to address bankruptcy in fin sector in next Parliament session'
The government is likely to introduce in the monsoon session of Parliament a separate bankruptcy law to deal with insolvency in financial sector companies that include banks and NBFCs.
May 23, 2017, 20:15 PM IST
NBFC cash loan against gold restricted to Rs 25,000
Non-Banking Finance Companies (NBFCs) cannot lend more than Rs 25,000 in cash against gold, the Reserve Bank said Thursday.
Mar 09, 2017, 19:46 PM IST
DIPP notifies 100% FDI in more financial services
The commerce and industry ministry Tuesday notified 100 percent foreign direct investment in 'other financial services' carried out by NBFCs.
Oct 25, 2016, 22:06 PM IST
India needs $1 trillion for housing, infra projects: Report
India will require investments of USD 1 trillion over the next 5-7 years to meet demand from infrastructure and housing with banks, private equity and NBFCs likely to be main sources of funds, says a report.
Oct 13, 2016, 20:49 PM IST
'GDP to bank credit growth link weakening due to alternatives'
Historical correlation between GDP growth and banks' credit expansion is fast eroding due to proliferation of other institutions, and lenders will have to make a slew of changes to regain their share, Reserve Bank Deputy Governor S S Mundra Wednesday said.
Sep 28, 2016, 16:53 PM IST
Cabinet's gift to NBFCs by opening financial service sector for FDI
Cabinet's gift to NBFCs by opening financial service sector for FDI. Watch this special segment and get to know more here.
Aug 11, 2016, 15:48 PM IST
Govt may permit 100% FDI in 25 more segments of NBFCs
Government is expected to propose 100 percent FDI in 25 more segments of NBFCs including commodity broking and infrastructure debt fund with a view to attract more foreign inflows.
Mar 21, 2016, 18:24 PM IST
Competition between banks, NBFCS in retail credit to rise: ICRA
Competitive pressures on retail-focussed NBFCs are to intensify while banks are increasing focus on retail segments due the pressures on corporate credit, according to a report released on Thursday by credit rating agency ICRA.
Mar 18, 2016, 01:38 AM IST
RBI cancels registration certificate of 7 NBFCs
Reserve Bank has cancelled certificate of registration of seven non-banking financial companies (NBFCs) including that of Religare Finance Limited.
Aug 17, 2015, 23:32 PM IST
RBI further eases project loan recast norms for NBFCs
The Reserve Bank on Thursday allowed non-bank lenders to retain the 'standard asset' tag on a restructured loan for an extended period if an infrastructure project is mired in court cases or has been stuck due to reasons beyond the control of promoters.
Jul 30, 2015, 22:50 PM IST
Banking sector likely to witness up to 25% increase in hiring
There will be a significant increase in the salary at mid and senior levels, with most of the companies expanding their portfolio in the sector to retain the talent and compensation and increment rate can go anywhere between 10-15% for top performers.
May 24, 2015, 11:12 AM IST
RBI issues new guidelines for infra debt funds by NBFCs
The Reserve Bank Thursday capped the average exposure limit for an NBFC to issue infra debt funds at 50 percent and maximum at 75 percent of its total capital fund, apart from limiting such issuance to only PPPs which have been successfully operational at least for a year.
May 14, 2015, 23:21 PM IST
RBI proposes tough outsourcing norms for NBFCs
The Reserve Bank proposed tough guidelines for outsourcing of work by NBFCs to ensure that their recovery agents do not resort to intimidation or harassment, either verbal or physical of borrowers.
Apr 11, 2015, 08:54 AM IST
Large NBFCs to maintain 50% LTV ratio for loan against shares
The Reserve Bank on Friday said NBFCs with asset size of over Rs 100 crore will have to maintain a loan-to-value (LTV) ratio of 50 percent in case of lending against collateral of listed shares.
Apr 10, 2015, 18:40 PM IST
Sebi proposes including family trusts, NBFCs in QIB segment
Markets regulator Sebi has proposed including 'systematically important' NBFCs and some registered family trusts in the Qualified Institutional Buyers (QIB) category, a move that will put such entities at par with institutional investors like banks and mutual funds.
Apr 02, 2015, 18:56 PM IST
RBI to NBFCs: Appoint officials for ensuring PMLA compliance
The RBI Monday asked NBFCs to appoint a senior person for ensuring compliance with the obligations under the prevention of money laundering regulations.
Mar 16, 2015, 20:58 PM IST
Expanded Sarfaesi Act credit positive for some NBFCs: Moody's
The Budget proposal to include non- banking finance companies (NBFCs) under the Sarfaesi Act is credit positive for lenders of loans against property, a leading rating agency said Monday.
Mar 09, 2015, 19:22 PM IST
