NBFCs are better placed to weather storm, feels Crisil
Nearly 52 per cent of debt is in sectors expected to be in moderately resilience category, such as automobile manufacturers, power generators, roads and construction.
Top NBFCs tap overseas market to raise $430 million
Citi Bank has arranged the fund-raising for Cholamandalam and PNB Housing.
Covid-19: NBFCs catch cold, in for long stint at ICU; banks to benefit
Most NBFCs are facing a threat from plummeting liquidity and reduced g...
NBFCs seek more time, one-time recast of all NPAs
Urge RBI, finmin to relax timeline to 270 days, suspend classification of NPAs for 2 months.
NBFCs likely to see fund squeeze on rising risk aversion among investors
Recovery for these cos could be delayed further and the cost of funds could stay elevated.
RBI rolls out norms for Ind-AS implementation by NBFCs, ARCs
The guidelines mandate NBFCs/ ARCs to put in place board-approved policies that clearly articulate and document their business models and portfolios.
Trending stocks: Indiabulls Housing Finance shares rise 3%
The stock quoted a 52-week high of Rs 1003.9 and a 52-week low of Rs 84.25.
NBFCs' challenges could intensify following Yes Bank restructuring: Fitch
The Reserve Bank of India (RBI) last week seized Yes Bank after noticing a surge in withdrawals by depositors.
After green shoots in Q3, NBFCs’ credit demand may halve this quarter
NBFCs which have been struggling for the most part of last year were seeing some signs of a revival, after the fall in credit demand was much smaller in the December quarter.
Default by some NBFCs on secured debentures pushes Sebi to introduce reforms
Sebi) has proposed a detailed review of the regulatory framework for Corporate Bonds and Debenture Trustees.
Extend moratorium to NBFCs' bank borrowings: Raman Aggarwal
Certain measures announced by RBI need some finetuning, says Co-Chairman, FIDC.
NBFCs want banks to pass on moratorium benefits
Non-bank lenders, concerned about the ‘discretion’ banks would enjoy on demanding repayments through a three-month grace period, plan to approach the finance ministry and the Reserve Bank of India (RBI).
Satin Creditcare Network stock slides 5%
The stock quoted a 52-week high of Rs 390.0 and a 52-week low of Rs 72.4.
Overseas bond prices of NBFCs plunge up to 50%
Power Finance Corporation, an NBFC, bond prices fell about 18% during the same time.
Don’t close the markets, don’t tamper with the contents
On Friday, Sebi came out with circular restricting short positions.
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