Page 21 - Nbfcs

Apax Partners buys 3i Infotech's software product business for Rs 1,000 cr

The deal values the software business higher than the market capitalisation of the entire company (3i Infotech) which stands at around Rs 908 crore

'Dividend payout norms for NBFCs should come into effect from FY22': FIDC

FIDC has written to the RBI seeking implementation of the proposed guidelines for dividend distribution by NBFCs with effect from April 1, 2021

FIDC seeks liquidity support for smaller NBFCs in upcoming budget

FIDC has written to the Finance Minister Nirmala Sitharaman seeking measures to improve liquidity support for small and mid-sized NBFCs in the FY22 Union Budget

DHFL's sale poses legal hurdle for Oaktree due to insurance JV stake

Insurance sale before DHFL sale would have eliminated regulatory uncertainty, say lawyers

HDFC, ICICI Bank and SBI, among top-10 lenders in 2020, says report

Google Pay and PhonePe were the top wallets among the customers, says Report

Coronavirus pandemic dents growth of personal loans segment in FY21

While stress at an overall level is low, delinquencies in small ticket segment have moved up

NBFCs seek relaxation in eligibility to recover loans under SARFAESI Act

The request has been made considering the recovery of small-ticket loans given to MSMEs, and proposes to bring parity in recovery of soured loans by banks and non-bank lenders

Tough call for DHFL lenders as Oaktree just manages to outbid Piramal

Adani does not make aggressive bid in fourth round; all offers have several conditions and banks will have to take a call by evaluating NPV of each

NBFCs expect higher credit loss on Covid-19 woes, says study

The study by leading consultancy EY is based on an analysis of the standalone financial statements of 42 NBFCs, including 14 Housing Finance Companies (HFCs), for the year ended March 31, 2020

NBFCs may lose 1% market share to private banks by FY22: CRISIL report

The growth, though, will be muted at 5-6 per cent due to asset quality concerns, funding issues and competition from banks.

Central bank's proposals on dividend payouts weigh on state-owned NBFCs

The RBI has proposed that the payouts from next financial year will depend upon factors such as capital adequacy, non-performing asset ratio and leverage ratio.

Maruti Suzuki starts vehicle financing for Nexa customers on its platform

Online service 'Smart Finance' to cover 30 cities, Company says this will result in improvement of enquiry to sales conversion

Rock-bottom rates fuel corporate bond bonanza but asymmetry remains

At Rs 8.27 trillion, borrowing at record high this year

Veteran Banker Romesh Sobti set to join Aditya Birla Capital board

Rehauling of business strategy is presently underway; set to approach the RBI for banking license once final guidelines is released

New bank licences: CIC structures of large groups on RBI's watch list

The RBI's stance on CIC structures is to be read along with its discomfort with leverage through the pledge of shares.

IRFC's Rs 4,600 cr IPO may launch this month; 1st by any public sector NBFC

Indian Railway Finance Corporation initial public offering of about Rs 4,600 crore may hit the markets later this month, a first by a non-banking financial company in the public sector

RBI to adopt scale-based regulatory framework for NBFCs, set audit norms

Banking regulator to also prescribe dividend distribution norms

NBFCs: Tighter regulations, cost of funds to determine future path

RBI has proposed scale-based regulatory approach as the way forward for non-bank lenders

NBFCs planning to seek CRR, SLR breather on net demand, time liabilities

Feedback on banking licence terms may be given to RBI in a fortnight

What makes HDFC Ltd-HDFC Bank merger an attractive proposition now

Combined entity would be nearly half SBI's size and in an indisputable No 2 slot; cost of funds a hurdle though