You Searched For "nbfc crisis in india" and got 20 results
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4 mins read
RBI tightens norms for Chinese lending apps
Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…
3 mins read
Indian financial system steadily maturing, as it moves away from banks, says RBI Governor Shaktikanta Das
India’s financial system, he said, has transformed rapidly to support the growing needs of the e…
2 mins read
India’s central bank is on high alert amid fears of a ₹8.5 billion default by housing finance major
The Reserve Bank of India (RBI) governor Shaktikanta Das today said that the central bank could ste…
2 mins read
Bank mergers before privatisation is one of three biggest headlines from RBI governor Shaktikanta Das’ interviews
The RBI governor would like to merge and reduce the number of government banks before any talks …
3 mins read
As India’s shadow banks brace for a tough 2019, the central bank and government will try and prevent a repeat of the IL&FS crisis by solving the data problem
One of the big stories emanating from the Indian banking sector last year was the repeated defaul…
3 mins read
NBFC players say budget offers some hope, finally
Mumbai, Feb 1 () The non-banking finance sector, which has been down in the dumps since September 2…
PTI
1 min read
KKR to infuse USD 150 mn into Indian NBFC arm
Mumbai, Jan 15 () Amid liquidity squeeze faced by non-bank lenders, global buyout major KKR on Wedn…
PTI
2 mins read
India's real estate bad loans have nowhere to go but up for now, according to a major Swiss bank
However, a report published this week, by Credit Suisse has given investors a reality check for …
2 mins read
India’s central bank doesn’t want investors to know how deep the rot is in the country’s shadow banks
The reason? It doesn’t want to scare investors with its findings. Speaking at a conference…
2 mins read
The Reserve Bank of India just made it a lot easier for the country’s shadow banks to sell off their loans
The restriction was put in place to ensure that the loan was being serviced regularly prior …
2 mins read
Bailout or opportunism? India’s largest bank is tripling its loan purchases from desperate NBFCs
The amount is exactly three times SBI’s original acquisition target of ₹150 billion for the …
2 mins read
Question of autonomy — As the Indian government tries to strong arm the country’s central bank, its governor threatens to resign
By putting that section in play, the government can issue orders to the central bank, which …
2 mins read
Govt proposes guarantee on debt to tide over liquidity challenge in NBFC, HFC sector
New Delhi, Feb 1 () The government has proposed to provide credit guarantee for the NBFC sector tha…
PTI
1 min read
Indian government to make loans easier and cheaper with a ₹70,000 crore gift to banks
The Indian government will release as much as ₹70,000 crore upfront to public sector banks to ea…
2 mins read
Anil Ambani’s woes get compounded with a series of downgrades for three Reliance Group subsidiaries
The debt instruments of Reliance Home Finance (RHFL) and Reliance Commercial Finance (RCFL) ha…
2 mins read
IL&FS case: The latest arrests in India's largest financial scandal of 2018 are for alleged money laundering
Arun Shah was the Joint Managing Director of IL&FS Financial Services while K Ramchandra w…
3 mins read
An end to the spat between the RBI and the government could be in sight as the board of the central bank prepares to meet next week
After initially refusing to loosen restrictions under the framework, it appears that the RBI m…
3 mins read
IL&FS crisis was red-flagged in 2018 'confidential' note by the DEA
"DEA had raised red signals of the likely collapse of IL&FS and had expressed its deep conce…
PTI
2 mins read
NBFCs hail RBI's additional liquidity support move to tide through Covid crisis
"It (TLTRO) is a very-very favourable decision. Now, they (RBI) have specifically allotted (liquidi…
PTI
2 mins read
Micro enterprises best placed to help economy come out of COVID-19 crisis: Report
In a joint report, the two entities said leverage ratios and non-performing assets (NPAs) of micro…