How NBFCs benefit from a dedicated liquidity window
In May, Finance Minister Nirmala Sitharaman announced PCGS 2.0 worth Rs 45,000 cr for last mile lenders.
IndoStar Capital Finance raises Rs 1,225 crore
IndoStar has assets under management of around Rs 10,200 crore and has nearly 70,000 customers...
Top NBFCs tap overseas market to raise $430 million
Citi Bank has arranged the fund-raising for Cholamandalam and PNB Housing.
RBI Guv meets NBFCs, MFIs and mutual funds to discuss liquidity, lockdown issues
In the meeting with NBFCs and MFIs, the discussion revolved around availability of liquidity from banks and other financial institutions.
Time to buy good quality large sized banks and NBFCs: Sunil Subramaniam
‘The banking system in India is not at risk, a few banks and smaller NBFCs are.’
RBI Guv Shaktikanta Das discusses credit flow to MFs, NBFCs, MFIs with bank CEOs, MDs
Independent estimates peg the funding gap for NBFCs at Rs 60,000 cr despite RBI's efforts.
Covid-19: NBFCs catch cold, in for long stint at ICU; banks to benefit
Most NBFCs are facing a threat from plummeting liquidity and reduced growth projections.
UK-based fintech Wiserfunding set to foray into India's MSME credit market
The company is set to invest $3-5 million in India over the next three years to tailor credit risk models specifically towards Indian SMEs to reach an accuracy level above 80 per cent, Wiserfunding’s CEO and co-founder Gabriele Sabato, told ET in an exclusive interview.
HDFC Q1 takeaways: Loan ticket size comes down, disbursements drop 30%
Here are the key takeaways from HDFC's June quarter results.
‘Stimulus to help, but may not satisfy Street’s expectations’
Analysts believe that part of the Rs 20 lakh crore package announced by the finance minister on Wednesday should help banks, NBFCs, MSMEs and power generation companies.
Stimulus package details: Equity infusion vis FoFs, collateral-free loans for MSMEs; extra liquidity for NBFCs and other relief
'Aatm Nirbhar Bharat' does not mean India will become an isolationist country, said FM.
Fresh crisis looms for shadow banks after fund shuts
Spreads on AAA rated five-year bonds of shadow lenders have soared to an eight-year high.
Stocks in the news: Biocon, DRL, PFC, Cipla, Indiabulls Realty, Escorts and REC
Here are a few stocks which may create some buzz in Thursday’s trade.
View: Covid hit India needs to create demand to bring back economy on track
Currently, the consumer is deeply affected by the fear of the Covid-19 pandemic itself, as well as the economic consequences of it, which is leading to a fall in economic activity and, hence, demand.
NBFCs seek more time, one-time recast of all NPAs
Urge RBI, finmin to relax timeline to 270 days, suspend classification of NPAs for 2 months.