NBFC crisis poses more bad loan risks for banks: Moody's
NBFCs have been facing liquidity crisis following the bankruptcy of IL&FS in September 2018.
ADB trims India's GDP growth forecast to 5.1% in FY20
"India's growth is now seen at a slower 5.1 per cent in fiscal year 2019-20 as the foun...
CV demand may look up from Q3 of next fiscal
In an exclusive interview with ET’s Ketan Thakkar and Satish John, Sondhi said the worst is over...
NBFC loan growth in FY20 to hit a 10 year low: Crisil
With the headwinds unlikely to dissipate soon, non- banks, especially the wholesale-focused ones without strong parentage, would need to make structural changes and reorient their business models, leading to a recalibration of their asset under management mix, Crisil said on Wednesday.
Retail asset quality shows stress signs
Auto loan NPAs have increased six basis points to 1.16 per cent from 1.10 per cent in June 2019.
ABFL becomes first NBFC to list commercial paper on bourses
ABFL listed its CPs on NSE with a value date of November 28, 2019 and maturity date on February 7, 2020.
Cabinet set to provide big relief for NBFCs, HFCs
The Union Cabinet is soon going to clear another set of measures aimed at providing a big relief to the non-banking finance companies (NBFC)...
NTPC to list commercial paper on BSE for an issue size of Rs 1,500 crore
After the process, the effective date of listing of such papers at the exchange will be December 2.
NBFC stress to hurt banks badly, says Fitch
Indian banks have thin buffers against systemic NBFC stress, says Fitch.
Supply chain solutions provider Holisol Logistics raises Rs 20 crore from BlackSoil Capital
Launched in 2009 by Dogar, Manish Ahuja and Naveen Rawat, Holisol works with OEMs, manufacturers, retailers, brands, and marketplaces. Its portfolio of solutions include providing inbound and outbound supply chain, fulfilment, consulting, and technology services. Proceeds will be used by the decade-old Holisol towards strengthening and capacity-building.
Government measures fail to stem slide in NBFC credit
Liquidity remains a worry for the NBFC sector; loan sanctions fall 34% in September quarter.
RBI monitoring NBFCs to prevent systemic shocks; better companies getting pre-IL&FS rates
Central bank’s watching the top 50 NBFCs much more closely and is making deep dive into their books, their balance sheets and other numbers wherever necessary, says Governor Shaktikanta Das. He said that RBI has a fairly good idea of where the vulnerabilities lie. It is holding periodic discussions with the management and promoters of NBFCs.
Top shadow banks soothed by yield-hungry global funds
The government needs a healthier shadow banking sector as it tries to boost economic growth.
Private equity picks through rubble of India NBFC crisis
The funds have invested about $2 billion this year in the country’s non-bank financing sector.
NBFC/HFC bankruptcy provisions positive for banks: Moody's
"Inclusion of NBFCs into the bankruptcy code is credit positive for banks"
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