Nbfc Non-banking Financial Companies

Borrowing costs for NBFCs are expected to become costlier by 85-105 basis points in the current fiscal due to an increase in policy rates by RBI

Reserve Bank of India (RBI) will soon come out with regulatory architecture for digital lending platforms

The collection efficiency of non-banking finance companies (NBFCs) and housing finance companies was in the healthy range of 97-101 per cent in April

RBI on Monday came out with a set of norms for provisioning for standard assets by large Non-Banking Financial Companies (NBFCs)

Stressed assets of non-banking financial companies - microfinance institutions are estimated to have declined to around 14 per cent as of March 2022

Reserve Bank of India (RBI) has allowed some relaxation for lenders -- including non-banking financial companies (NBFCs) -- to comply with its new regulations for upgrading non-performing assets (NPAs) as standard ones but upon clearing all dues. The Reserve Bank on Tuesday had extended the time limit for asset classification till September 30, 202...

The fintech industry has urged finance minister Nirmala Sitharaman to further liberalise the tax regime for financial sector startups in the budget

Despite the raging Coronavirus pandemic, NBFCs showed a lot of resilience in 2021 and are expected to witness continued momentum in growth in 2022 too

The partnership with the Non-Banking Financial Company (NBFC) is to provide easy financing options for the purchase of Hero Electric scooters.

The PCA framework for NBFCs will come into effect on October 1, 2022, based on their financial positions on or after March 31, 2022

The clarification included classification of special mention account (SMA) and NPA on a day-end position basis and upgrade from an NPA to standard category only after clearance of all outstanding overdues.

The Reserve Bank of India (RBI) said on Monday that it has superseded the board of directors of non-banking financial companies Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL) due to governance concerns and defaults.

Finance Minister Nirmala Sitharaman has said that from October 15 onwards a credit outreach programme will be started across the country.

RBI has noted that the supply situation is improving as monsoon is getting back to normal levels and sowing activities have quickened.

Centre had last week issued an order to revise the definition of MSMEs by including retailers and wholesale traders under them.

Borrowing costs for NBFCs are expected to become costlier by 85-105 basis points in the current fiscal due to an increase in policy rates by RBI

Reserve Bank of India (RBI) will soon come out with regulatory architecture for digital lending platforms

The collection efficiency of non-banking finance companies (NBFCs) and housing finance companies was in the healthy range of 97-101 per cent in April

RBI on Monday came out with a set of norms for provisioning for standard assets by large Non-Banking Financial Companies (NBFCs)

Stressed assets of non-banking financial companies - microfinance institutions are estimated to have declined to around 14 per cent as of March 2022

Reserve Bank of India (RBI) has allowed some relaxation for lenders -- including non-banking financial companies (NBFCs) -- to comply with its new regulations for upgrading non-performing assets (NPAs) as standard ones but upon clearing all dues. The Reserve Bank on Tuesday had extended the time limit for asset classification till September 30, 202...

The fintech industry has urged finance minister Nirmala Sitharaman to further liberalise the tax regime for financial sector startups in the budget

Despite the raging Coronavirus pandemic, NBFCs showed a lot of resilience in 2021 and are expected to witness continued momentum in growth in 2022 too

The partnership with the Non-Banking Financial Company (NBFC) is to provide easy financing options for the purchase of Hero Electric scooters.

The PCA framework for NBFCs will come into effect on October 1, 2022, based on their financial positions on or after March 31, 2022

The clarification included classification of special mention account (SMA) and NPA on a day-end position basis and upgrade from an NPA to standard category only after clearance of all outstanding overdues.

The Reserve Bank of India (RBI) said on Monday that it has superseded the board of directors of non-banking financial companies Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL) due to governance concerns and defaults.

Finance Minister Nirmala Sitharaman has said that from October 15 onwards a credit outreach programme will be started across the country.

RBI has noted that the supply situation is improving as monsoon is getting back to normal levels and sowing activities have quickened.

Centre had last week issued an order to revise the definition of MSMEs by including retailers and wholesale traders under them.