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NHB asks large housing finance companies to adopt early warning signals framework

It has also been observed that such deficiencies are identified only when the borrower stops pa…

PTI   


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1 min read

NHB tweaks Rs 30,000 cr liquidity infusion facility for HFCs

Under the revised LIFt scheme, exposure cap of Rs 750 crore per HFC and exposure ceiling of 50 per…

PTI   


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RBI imposes penalties on three housing finance companies for non-compliance with directions

The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…

ANI   


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RBI unveils measures to boost liquidity in financial system during Covid-19 crisis

Emphasising that the RBI has moved in a calibrated fashion to ensure conducive financial condition…

PTI   


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RBI proposes changes in regulations for HFCs

The draft also proposes that foreclosure charges as a measure of customer protection and also in o…

PTI   


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Banks sanction Rs 79k cr loans to 19 lakh MSMEs, other biz; Rs 35k cr disbursed

" The interventions by Government for MSMEs, have been gaining rapid traction. Under the Emergency …

PTI   


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Budget 2019: RBI will regulate housing finance companies, tighten hold on NBFCs

"The National Housing Bank (NHB), besides being the refinancer and lender, is also regulator of…

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4 mins read

Real estate industry hails RBI move to boost liquidity in system

Naredco President Niranjan Hiranandani said: "From the perspective of regulatory norms to spur an e…

PTI   


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RBI's move to infuse liquidity will help businesses mitigate financial stress: India Inc

Thomas Muthoot, Founder-Director, Muthoot Pappachan Group said:"Specific measures announced in term…

PTI   


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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   


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RBI comes to NBFCs' rescue; boosts cash availability, eases bad loan norms

Under RBI's prudential framework of resolution of stressed assets dated June 7, 2019, in the case …

PTI   


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RBI trims reverse repo rate; unveils slew of liquidity measures to cushion impact of Covid-19

It has been decided that in respect of all accounts for which lending institutions decide to grant…

PTI   


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1 min read

RBI tells banks to assign 'zero' risk for emergency loans to MSME

The government in May introduced the Emergency Credit Line Guarantee Scheme (ECLGS) for providin…

PTI   


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RBI announces incentive for lending to MSME, home, auto sectors

"As a part of this, it has now been decided that scheduled commercial banks will be allowed to ded…

PTI   


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Modi govt leaving no stone unturned to fight COVID-19: Amit Shah

The RBI on Friday further eased bad-loan rules, froze dividend payment by lenders and pushed banks …

PTI   


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Gadkari, Goyal hail RBI measures to prop up coronavirus-hit economy

In a video message, Das said in order to encourage banks to deploy the surplus funds in investments…

PTI   


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AEPC urges RBI to exempt exporters from penalty on forward covers

Apparel Export Promotion Council (AEPC) Chairman A Sakthivel said that exporters are concerned abou…

PTI