Loans from NBFCs to developers halved in FY19: Report
The report observed that default by leading NBFC, IL&FS, in scheduled payments led to a liquidity squeeze in the real estate sector since September 2018.
Govt has saved many NBFCs from collapsing: NITI Aayog’s Rajiv Kumar
Kumar said the government must do whatever it can to take away some of th...
LIC Housing tumbles 11% on block deal; marquee investors likely sellers
About 3.3 crore shares were offered through accelerated book build ro...
Shadow bank crackdown accelerates in India amid cash squeeze
RBI has canceled registrations of 1,851 non-bank finance companies in the year ended March 31, which is eight times more than those in the last year.
Sebi eases buyback norms for companies with housing finance, NBFC arms
The repurchase of shares by listed companies is governed by the Buyback Regulations of the Sebi as well as the Companies Act.
Wealthy investors throw a capital lifeline to NBFCs
Since September, NBFCs have raised Rs 12,408 crore worth of MLDs.
Risk cover gone; NBFCs need no redemption reserve for debentures
These cos had to create Debenture Redemption Reserve, which has now been done away with.
RBI rules out asset quality review of NBFCs for now
A liquidity squeeze that began with repayment defaults by IL&FS began a downward cycle in the economy
DHFL defaults on Rs 1,571 crore bond payments
The company is estimated to be sitting on a debt-pile of over Rs 90,000 crore.
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