Tag: NBFC

Different types of payment cards you must know about

NEW DELHI: In India, there are broadly four types of cards through which you can make payments — debit cards, credit cards, prepaid cards, and...

Is IIFL Home Finance’s NCD a good option for investors?

Tranche-I of the unsecured NCDs by IIFL Home Finance has a base size of ₹100 crore, with a greenshoe option to retain oversubscription of up...

NBFC stress to increase after second wave but disbursements will pick up: ICRA

Rising infections and the economic impact of the second wave of the Covid 19 pandemic are likely to push NPAs of non banking finance companies...

RBI proposes to cap borrowers’ repayment outgo, scrap lending rate ceiling in uniform microfinance regulations

The Reserve Bank of India has suggested capping the total repayment outflow from a household to half of the annual income of the economically weaker...

Stock Market: Will the market party continue? Here’s what Helios India’s Dinshaw Irani has to say

“I believe that we have to be cautious in certain sectors and not go overboard while investing. We are a bit cautious in our consumer...

Pashupati Advani on why consumer stocks continue to be expensive

There has been a flight to quality on the consumer side. There has been a shift from the unorganised sector to the organised sector because...

Largecap-focussed PMSes lagged in April; midcap specialists fared better

NEW DELHI: Smallcap- and multicap-oriented PMS (portfolio management service) funds, an investment tool of rich investors, outperformed in April and delivered up to 14 per...

earnings: Expect cyclicals to lead aggregate growth in earnings: Aashish Sommaiyaa

“Expect momentum to sustain in IT and pharma. These two sectors form core holding in our portfolio. We are not seeing too much panic or...

10 things borrowers should know about co-lending model between banks and NBFCs

Recently, Indiabulls Housing Finance Ltd entered into a strategic co-lending partnership with HDFC Ltd to offer housing loans to homebuyers at competitive rates. According to...

Maharashtra government announces strict curbs

The Maharashtra government on Wednesday issued a notification late at night making more restrictions for the state. The new restrictions allow only 15% of total...

Banks slowly warming up to NBFC lending

Bank credit to non banking finance companies (NBFCs) has picked up for the first time this fiscal in February indicating a postive impact of Reserve...

Muthoot Finance launches NCD issue offering 6.60-8.25% interest

NEW DELHI: Gold loan non-banking financial company (NBBC) Muthoot Finance Ltd on Thursday launched its 25th issue of secured public non-convertible bonds (NCDs), with an...

Should you go for Muthoot Fincorp’s NCD issue offering up to 10.20% interest?

Non-banking finance company (NBFC) Muthoot Fincorp Ltd on Wednesday launched an unsecured as well as the secured issue of non-convertible debentures (NCDs) with an aim...

Whatever banks are reporting does not present the full picture: Saswata Guha, Fitch Ratings

We are pretty mindful of the fact that a fair degree of underwriting has been done by banks over the last three to four years...

NSEL Crisis: Chidambaram represents ‘not fit and proper’ brokers in SC | India News

NEW DELHI: Former Union finance minister and senior counsel P. Chidambaram is representing top brokers in the Supreme Court, who have been declared ‘Not Fit...

Reserve Bank of India issues directions for housing finance companies

MUMBAI: The Reserve Bank of India (RBI) on Wednesday came out with a slew of directions related to maintenance of liquidity coverage ratio, risk management,...

Adar Poonawalla: Adar Poonawalla on why he is buying Magma Fincorp

Adar Poonawalla, CEO, Serum Institute of India, says wanted to scale up Poonawalla Finance which he started two years ago and Magma is a wellrun...

View: The RBI needs to cut the Gordian knot that threatens financial stability in India

At the heart of Reserve Bank of India’s (RBI) discussion paper, ‘ Revised Regulatory Framework for NBFCs’, released last Friday, is its concern that the...

lending apps: Debt trap: Inside the world of shady digital lending apps, which promise a loan in a minute

Last August, Anitha (name changed to protect identity) needed some money urgently. The lockdown was a challenging period for the Hyderabad-based media professional, especially on...

RBI: NBFCs may have lower bad loan ratios than banks yet challenges remain

Kolkata: Non-banking finance companies (NBFCs) appear to be better placed in terms of asset quality when compared to banks with their aggregate bad loan ratio...

NBFCs may see 7-9% growth in AUM next fiscal: Icra

Mumbai: Non-banking finance companies (NBFCs) are likely to see a 7-9 per cent growth in their asset under management (AUM) in FY2022 but access to...

Microfinance lending an election issue in Assam, Congress promises complete waiver of loan if voted to power

Guwahati: Microfinance institutions (MFI) lending in poll-bound Assam has become an election issue, while BJP led government brought set of regulations to regulate the MFIs,...

6 suitors submit bids for acquiring Reliance Home Finance

New Delhi: Six suitors, including Kotak Special Situations Fund (KSSF) and Asset Reconstruction Company (India) Limited (ARCIL), have submitted bids for Reliance Home Finance, part...

RBI Governor: Eventful 2 years for RBI governor Das: Well begun, and a lot done!

Earlier this week, Governor Shaktikanta Das completed two years at the helm of the Reserve Bank of India (RBI). In a flashback, two years ago,...

NBFC: New framework for NBFCs in the works

Mumbai: India’s central bank Friday proposed a scale-based regulatory framework for shadow lenders, underscoring their increasing importance in driving financial inclusion, as banking gets increasingly...