nbfc
NBFC Ratings Cut At S&P As Covid-19 Pandemic Worsens Liquidity Woes
Finance - Published date: .
Credit scores of several non-banking financial companies (NBFCs) were downgraded by S&P Global Ratings due to liquid... Read more
S&P Downgrades Ratings Of Four NBFCs
Finance - Published date: .
Global rating agency Standard and Poor’s has downgraded ratings on four non-bank finance companies including Bajaj Fin... Read more
Clix Capital To Pick Stake In Lakshmi Vilas Bank
Finance - Published date: .
Troubled private sector lender Lakshmi Vilas Bank, which has been looking for an investor, on Monday said it has receive... Read more
CII-IBA Financial Conditions Index Tanks On Bank, NBFC Pessimism
Finance - Published date: .
The CII-IBA Financial Conditions Index (FCI) for Q1 (April-June) FY 2020-21 recorded a steep drop to below 50 for the fi... Read more
Microfinance Firms In Turmoil As Collections Come To A Grinding Halt
Finance - Published date: .
RBI’s liquidity measures may offer respite, but will banks buy bonds of small, medium MFIs? Read more
NBFCs Seek More Relief: Line Of Credit For Liquidity Support, One-time Restructuring Of Loans
Finance - Published date: .
Suggests that moratorium should be for all standard accounts as on Feb 29 Read more
Avendus Wealth Management Appoints Nitin Singh As MD And CEO
Finance - Published date: .
Avendus Wealth Management, financial services’ provider Avendus Group company, has appointed Nitin Singh as Managing D... Read more
Banks, Select Financial Institutions Report Frauds Involving ₹1.13 Lakh Crore In H1 Of FY20: Sitharaman
Finance - Published date: .
Frauds involving ₹1,13,374 crore were reported by banks and select financial institutions in the first half of the cur... Read more
Forensic Audit Shows No Fraud: Reliance Home Finance
Finance - Published date: .
Asks banks to fast-track debt resolution Read more
Tata, Nilekani Promoted Avanti Finance To Soon Raise $ 30-40 Mn
Finance - Published date: .
Avanti Finance, the microloan-focused NBFC promoted by Ratan Tata and Nandan Nilekani from their personal philanthropic ... Read more
Insolvency Law Committee Plans To Meet On October 15 To Discuss New Reforms For IBC
Finance - Published date: .
The new resolution mechanism for finance companies may apply only to limited set of entities. Deposit taking and systemi... Read more
Mahindra Finance To Pick 58.2% In Sri Lanka's Ideal Finance
Finance - Published date: .
Mahindra & Mahindra Financial Services Ltd has entered into a joint venture with Sri Lanka's Ideal Finance Ltd. Mahi... Read more
FinMin Kickstarts Credit-support Plan For NBFCs
Finance - Published date: .
Issues guidelines for the one-time six month facility; minimum credit rating of ‘AA’ stipulated for eligible pool of... Read more
RBI Ups Cap On Bank Credit To NBFCs
Finance - Published date: .
In a bid to boost credit to the needy segment of borrowers, the RBI on Tuesday said bank credit to non-banking financi... Read more
Northern Arc Capital And Spain's GAWA Capital Raise Rs 106 Cr Through Pooled Bond Issuance For NBFCs
Finance - Published date: .
Northern Arc Capital, a leading debt platform for non-banking finance companies, has structured and co-invested in a Rs ... Read more
For Shadow Financing To Survive, Some NBFCs Will Have To Die
Finance - Published date: .
The Centre and the RBI should avoid any attempt to succour the NBFC sector with liquidity Read more
RBIs Revised Circular No Breather For NBFCs
Finance - Published date: .
FIDC tells RBI to put in place a mechanism to provide liquidity support to NBFCs Read more
IFC To Invest $35 Mn In Manappuram Finance
Finance - Published date: .
International Finance Corporation (IFC), a sister organisation of the World Bank Group, will invest $35 million in Manap... Read more
Turbulence In Financial Sector May Eventually Impact The Real Economy: Uday Kotak
Finance - Published date: .
High concentration of NBFC players poses a challenge, says Uday Kotak Read more
AUM Of Retail NBFCs Saw Sharp Slow Down In Growth In Q3 FY19
Finance - Published date: .
Growth slows to 3.3 per cent, which is the slowest in the last 10 quarters, says ICRA Read more