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 ISTRBI asks NBFCs to implement core financial services solution by Sep 2025
RBI said it has been decided that NBFCs - Middle Layer and NBFCs - Upper Layer with 10 and more 'fixed point service delivery units' as on October 1, 2022 shall be mandatorily required to implement CFSS.
Feb 23, 2022, 21:15 PM ISTCabinet approves Special liquidity scheme for NBFCs/HFCs to address their liquidity stress
The government has proposed a framework for addressing the liquidity constraints of Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) through a Special Liquidity Scheme.
May 20, 2020, 15:34 PM ISTLoans 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 ISTRBI extends relaxed norms for NBFC loan securitisation till December 31
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.
May 30, 2019, 10:44 AM ISTNBFC 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 ISTFSDC discusses NBFC liquidity issues; RBI assures adequate fund flow in system
The meeting assumes significance as the FSDC is meeting for the first time after RBI Deputy Governor Viral Acharya raised the issues regarding independence of the central bank.
Oct 30, 2018, 16:24 PM ISTRBI 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 ISTGovt 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 ISTInvestment in realty sector at $5 billion so far this year: KPMG
Institutional investors have put in USD 5 billion so far this year into the real estate sector, largely in commercial assets, according to KPMG.
Sep 21, 2017, 19:48 PM ISTBank credit growth still lingers in H1 as debt market soars
Bank credit growth continued to disappoint during first half of the current fiscal with an annual growth of just 8.4 per cent at Rs 62.02 trillion (Rs 62.02 lakh crore), down 20 bps, as per Care Ratings.
Nov 15, 2015, 16:47 PM ISTNBFC asset quality to stabilise over next 12 months: Moody's
Considering the ongoing reforms in the norms of non-performing loans, the asset quality of non-banking financial companies in India is likely to stabilise over the next 12 months, Moody's Investors Service said on Friday.
Oct 09, 2015, 11:46 AM ISTRBI 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 ISTRBI makes changes in NBFCs management control more stringent
The Reserve Bank Thursday tightened the norms for acquisition/transfer of control of non-banking financial companies (NBFCs) by making it mandatory to seek prior approval from it.
Jul 09, 2015, 23:55 PM ISTNBFCs can refer to price on bourses for lending against gold
The Reserve Bank on Thursday allowed Non-Banking Financial Companies (NBFCs) to use gold price at commodity exchange to determine the value of the metal for purpose of advancing loans against it.
May 21, 2015, 20:27 PM ISTBanks, NBFCs need RBI, SEBI nod to act as investment advisers
Banks and Non-Banking Financial Companies (NBFCs) planning to provide investment advisory services have to obtain approvals from both the RBI and the SEBI.
Feb 25, 2015, 19:21 PM ISTTreat NBFCs at par with banks on taxation front, says CII
Ahead of the budget, industry body CII Wednesday demanded that non-banking financial companies be treated at par with banks for taxation purposes in order to promote balanced development of the financial sector.
Feb 18, 2015, 21:22 PM ISTReserve Bank planning more measures for NBFCs
The Reserve Bank of India (RBI) is considering more measures for non-banking financial companies (NBFCs), including more oversight and bringing state-owned firms under central bank supervision, Deputy Governor R. Gandhi said in a speech on Sunday.
Nov 24, 2014, 17:45 PM ISTHC quashes RBI communication on NBFC interest rate
Quashing a RBI communication, Madras High Court bench here Friday said the apex bank cannot wash off its hand of the responsibility of regulating interest rates charged by non-banking financial companies (NBFCs) and asked it to look into the matter in terms of Fair practice Code as well as circulars issued by it.
Nov 14, 2014, 20:39 PM ISTRBI tightens norms for NBFCs; revokes registration suspension
Tightening norms for non-banking financial companies (NBFCs), RBI Monday raised capital adequacy requirement and net owned fund limit, among others, with an objective to mitigate risks in the sector.
Nov 10, 2014, 23:07 PM IST