Page 3 - Nbfc Sector

Financial sector needs to rebuild trust, says YES Bank CEO Ravneet Gill

Edited excerpts from a discussion at the Business Standard Banking Round Table held in Mumbai

BS Banking Annual 2019: Tighter norms, coexistence with banks, NBFCs future

The single biggest learning is that percentages after a certain size are not relevant, both on the asset and the liability side, says IndiaBulls Housing MD Gagan Banga

Better-performing NBFCs able to get funds at pre-IL&FS rates: RBI governor

RBI governor says sector being closely monitored; credit flow is improving

Govt may announce UPA-style bailout of stressed NBFCs in Budget 2020

Note suggests liquidity support, govt guarantee for securities issued by SPVs

Credit growth picked up rapid pace from September 2019: SBI report

As per the report, in September, the jump in retail credit at Rs 51,900 crore was nearly double that of August, of which housing loans jumped by 2.6 times.

Banks to face capital crunch of Rs 3.5 trillion if NBFC mess drags: Fitch

The stress test examines the potential impact on banks of liquidity pressures in the NBFC sector developing into widespread failures

Financial sector stress

It is not obvious how the system will come out of it

Govt might seek extension of ECB to boost NBFC credit in economy

May ask RBI for relaxed co-origination norms

Loan 'melas' are back: PSBs to hold credit meets in 400 districts, says FM

Stressed MSME assets will not be labelled NPAs till March 31, 2020

FIDC bats for NHB as a refinancing body for the entire NBFC sector

FIDC has suggested that the National Housing Bank (NHB) which acts as the refinancing body for HFCs can be made the apex refinancing body for the entire NBFC sector

Public sector banks seek relaxation on risk weight for NBFC loan purchases

Banks have to set aside capital for loan exposures

Debt of NBFCs fast catching up with non-finance companies: Details here

Borrowings by NBFCs up 21% CAGR in last 5 years

IMF says India's growth 'much weaker' than expected; cuts FY20 projection

The economic growth slowed to a seven-year low to 5% in April to June quarter from 8% a year ago

FM's measures should help revive demand in festive season: Bajaj Finance MD

From the perspective of fiscal consolidation, the announcements do not impose significant extra fiscal burden, says Rajeev Jain

Number of NBFCs drops to lowest in 10 yrs in India as crackdown accelerates

RBI has also tightened regulations this year by putting in place rules requiring shadow lenders to appoint a chief risk officer and proposing stringent liquidity requirements

NBFCs continue to hold major share in retail loans despite liquidity crisis

In FY19, NBFCs had a 30% share in outstanding retail loans, while public sector lenders had a 39% share and private banks had 26%

Tough times for real estate sector, need to find solution: HDFC MD

She pointed out that developers have been facing cash crunch following the liquidity crisis in the NBFC sector

We will not do business with certain groups: Axis Bank's Amitabh Chaudhry

He has since steered the bank on to a conservative path, eschewing needless risks. He's been candid enough to admit that the exposure to infrastructure sector in the past proved to be an Achilles heel

More NBFCs will have to die if India's shadow-banking sector is to survive

A few quarters of pain in sectors that depend upon shadow financing is a small price to pay to produce a sector that winds up doing its job efficiently and sustainably

Budget 2019: Infra, de-clogging NBFCs, incentivising small biz takeaways

The focus in infrastructure is a positive step and that's what the markets, too, were expecting. However, infrastructure financing is a long duration game