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'Nbfc' - 29 Video Result(s)

'Nbfc' - 181 News Result(s)

  • RBI Makes Changes to NBFC Management Control Norms

    RBI Makes Changes to NBFC Management Control Norms

    The Reserve Bank of India (RBI) on 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.

  • RBI to Allow New Kind of NBFC as Account Aggregator

    RBI to Allow New Kind of NBFC as Account Aggregator

    RBI will put in place a regulatory framework to allow a new kind of Non-Banking Finance Company (NBFC) which could act as account aggregator, Governor Dr Raghuram Rajan told reporters after the central bank's board meeting held on Thursday.

  • Allow Infra Finance Companies to Buy Banks' Bad Assets: Assocham

    Allow Infra Finance Companies to Buy Banks' Bad Assets: Assocham

    The government should allow infrastructure finance companies to buy projects that turn into non-performing assets, industry body Assocham said on Tuesday.

  • Sundaram Finance Q4 Net Slips Over 9% to Rs 91 Crore

    Sundaram Finance Q4 Net Slips Over 9% to Rs 91 Crore

    The Chennai-based NBFC had registered a net profit of Rs 100.24 crore during the corresponding period of previous year, Sundaram Finance said in a BSE filing.

  • RBI Issues New Guidelines for Infra Debt Funds by NBFCs

    RBI Issues New Guidelines for Infra Debt Funds by NBFCs

    Investments in non-PPP projects shall be risk weighted as per the extant regulations as given in the systemically important non-deposit taking NBFCs.

  • Shriram Transport Finance Sinks 16% on Higher Bad Loans

    Shriram Transport Finance Sinks 16% on Higher Bad Loans

    Analysts say sharp deterioration in construction equipment finance subsidiary has led to increase in bad loan provisions. Bad loans as represented by gross non-performing assets increased nearly five-fold to around 16 per cent of total advances in its construction equipment finance subsidiary.

  • Non-Food Credit Growth Tumbles to Multi-Year Low in FY15

    Non-Food Credit Growth Tumbles to Multi-Year Low in FY15

    Loans to the services sector grew again at a similar 5.6 per cent to Rs 14,12,000 crore, lower than the increase of 16.1 per cent in the same period in FY 2013-14.

  • Gruh Finance Q4 Net Profit Jumps 65%

    Gruh Finance Q4 Net Profit Jumps 65%

    Gruh Finance, a subsidiary of HDFC, has declared a dividend of Rs 2 per share.

  • RBI Proposes Tough Outsourcing Norms for NBFCs

    RBI Proposes Tough Outsourcing Norms for NBFCs

    Further, NBFCs should not outsource core management functions including internal audit, compliance function and decision-making functions like determining compliance with KYC norms for opening deposit accounts.

  • Large NBFCs to Maintain 50% LTV Ratio for Loan Against Shares

    Large NBFCs to Maintain 50% LTV Ratio for Loan Against Shares

    RBI further said only Group 1 securities would be accepted as collateral for loans of value more than Rs 5 lakh, "is applicable only where the lending is done for investment in the capital market".

  • Reserve Bank Wants NBFCs to Seek Prior Nod Before Takeover

    Reserve Bank Wants NBFCs to Seek Prior Nod Before Takeover

    The Reserve Bank of India (RBI) proposed in draft guidelines published on Monday that prior written permission be obtained from the apex bank for any takeover of a non-banking finance company (NBFC).

  • Capital First Raises Rs 300 Crore via QIP Route

    Capital First Raises Rs 300 Crore via QIP Route

    Non-banking financial company (NBFC) Capital First announced on Tuesday that it has raised Rs 300 crore through its first qualified institutional placement (QIP) issue.

  • Banks, NBFCs Need RBI, Sebi Nod to Act as Investment Advisers

    Banks, NBFCs Need RBI, Sebi Nod to Act as Investment Advisers

    An investment adviser provides advice related to dealings in securities or investment products.

  • RBI Eases Some Restrictions on Shadow Bank Lending

    RBI Eases Some Restrictions on Shadow Bank Lending

    India's shadow banks, known as non-banking financial firms (NBFCs), are widespread and include housing finance companies and consumer finance firms that lend small sums to individuals.

  • KKR Partners GIC to Set Up India Real Estate Lending Company

    KKR Partners GIC to Set Up India Real Estate Lending Company

    This will be KKR's second non-banking finance company in India, it said in a statement.

  • Career Point Surges 20% on RBI's NBFC Nod

    Career Point Surges 20% on RBI's NBFC Nod

    The company plans to infuse Rs 10 crore in January-March quarter and by 2015-16, it expects Srajan Capital's loan portfolio at close to Rs 50 crore.

  • NBFCs Gain; RBI Rules on Expected Lines

    NBFCs Gain; RBI Rules on Expected Lines

    The Reserve Bank of India on Monday has imposed stricter norms for NBFCs, bringing them at par with banks. The central bank has increased the minimum capital requirements and has also reduced the number of days to recognise a loan as bad debt. The new guidelines will be applicable in a phased manner.

  • NBFCs, Hindalco Industries, Apollo Tyres in Focus Today

    NBFCs, Hindalco Industries, Apollo Tyres in Focus Today

    The Nifty opened marginally higher on Tuesday as indicated by futures trade on Singapore Stock Exchange. Foreign investors continued to remain net buyers of Indian equities on Monday as they have bought shares worth Rs 355 crore in cash market. However domestic investors continued to be net sellers, they have sold stocks worth Rs 315 crore on Monda...

  • Edelweiss Financial September-quarter Net Profit Jumps to Rs 79 Crore

    Edelweiss Financial September-quarter Net Profit Jumps to Rs 79 Crore

    Total income of the city-based diversified financial services company, which is into NBFC, insurance, stock broking and ARC rose 57 per cent to Rs 915 crore, company chairman Rashesh Shah said in a statement.

  • NBFCs Fall on Worries about Bad Loan Norms

    NBFCs Fall on Worries about Bad Loan Norms

    RBI on Tuesday said changes in the NBFC regulatory framework to be introduced by end of this month.

  • Muthoot Finance Picks Up 30 Per Cent Stake in Lankan NBFC

    Muthoot Finance Picks Up 30 Per Cent Stake in Lankan NBFC

    Facing growth headwinds following regulatory tightening, pure-play gold financier Muthoot Finance on Monday announced branching out to Sri Lanka by acquiring a 30 per cent stake in Asia Asset Finance for $2.1 million (Rs 12.6 crore at 1 dollar = 60 rupees).

  • RBI Issues Norms on Lending Against Shares by NBFCs

    RBI Issues Norms on Lending Against Shares by NBFCs

    According to the new RBI norms, NBFCs have to maintain an loan-to-value (LTV) ratio of 50 per cent and accept only Group 1 securities as collateral for loans of value more than Rs 5 lakh.

  • India Infoline Finance Appoints Rajashree Nambiar as CEO

    India Infoline Finance Appoints Rajashree Nambiar as CEO

    India Infoline Finance (IIFL), a non-banking finance company (NBFC) subsidiary of India Infoline, on Monday said it has appointed Rajashree Nambiar as its chief executive officer.

  • NBFCs' Bad Loans Up at 1.9 Per Cent in FY14: Icra

    NBFCs' Bad Loans Up at 1.9 Per Cent in FY14: Icra

    Domestic rating agency Icra today said retail-focussed non-bank lenders have witnessed a surge in asset quality issues during the fiscal ended March and the troubles are likely to continue in FY15 as well.

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