We are expecting a pickup in credit growth as well as economy: PS Jayakumar, Bank of Baroda
Resolution of the real estate sector pains is the key to credit growth.
IL&FS, DHFL, Cox & Kings and now Altico, why raters keep missing big defaults
A lot at stake as India tries to navigate a NBFC crisis and exp...
Essel Group gets more time from NBFCs, mutual funds to repay debt
The Essel Group had an overall debt of around Rs 16,000 crore as of March 2...
Systemically important NBFCs to come under tighter RBI scrutiny
RBI will make concerted efforts this year to strengthen supervision of NBFCs.
DHFL cracks 8% after submission of resolution plan
Lenders may convert part of DHFL’s debt into 51 per cent equity.
Raising funds via share pledging to become tougher
Currently, NBFCs lend by asking promoters to pledge shares in their favour.
Revival of NBFC sector linked with revival of real estate sector: Tamal Bandyopadhyay
Fear of the unknown has gripped the financial system now.
Short-covering rally likely in auto, PSU banks and NBFCs
Trade setup is expected to positive as long as 10,800 is sustained on closing basis.
Fund-raising through NCD issues dry up for NBFCs
NBFCs are failing to book the entire green-shoe option available while raising funds through debentures.
Budget scheme for liquidity support to NBFCs rolls out
The government has notified the scheme promised in the Budget that will throw NBFCs a Rs 1 lakh crore lifeline.
Banks with exposure to poorly-run NBFCs will have to take larger haircuts, warns RBI governor
Banks will have to take more haircuts while resolving the stressed loans extended to NBFCs, Das has said.
Banks to hold public meets with NBFCs in 400 districts to give credit: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Thursday said public sector banks will hold meetings with NBFCs and retail borrowers in 400 districts...
NBFCs paying more to take the longer route
The industry is gripped by a credit crisis after IL&FS firms started defaulting in August last year.
NBFCs fail to reflect fall in G-sec yield as sector worries continue
Spreads on five-year AAA rated NBFC paper is at least 80 basis points higher than what it was since the IL&FS crisis.
AION Capital puts $40 million in SME lender Clix Capital
Firm to use funds to build consumer lending business, digital platform.
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