The rating agency said the survey was conducted over 2 weeks - between June 23 July 7 - and saw the participation of 345 respondents from a cross-section of sectors
Outstanding bank lending to NBFCs declined marginally to Rs 8.04 trn in May 2020 from Rs 8.12 trn in April 2020, according to RBI data
The scheme was launched on July 1
Experts say though the moratorium on loan repayment is available to developers till August, many are expected to struggle in repaying lenders subsequently
Though moratorium on loan repayment is available for developers till August this year, developers could struggle to repay money to lenders, say experts
It is important that banks and NBFCs work together in the co-lending domain to ensure economic revival
Over the past few sessions, most NBFC stocks have gained ground. Here are the key levels to watch in select counters basis their technical chart pattern
The payments to the lenders or NCD holders remain in abeyance and will be subject to the outcome of the CIRP process, the company said.
Affected individuals and companies will again avail it, albeit a little less in number than the first version that ran between March to May
However, this is against the sanction of Rs 1.10 trillion under the 100 per cent ECLGS for micro, small and medium enterprises (MSMEs) till July 1.
The government, on May 21, had said it will support creating a SPV that will buy such papers from NBFCs
'PEs' interest in NBFCs will depend on book value determination. Until that process gets over, you will be circling around,' he said
Recent measures by govt and RBI will help those issuing bonds. But the need is to cover term loans also, says chief of NBFC lobby group
The lockdown has significantly impacted the cash flow position of NBFCs' borrowers
Under the scheme, eligible non-bank lenders will be provided short-term liquidity through a special purpose vehicle set up by the SBICAP securities
NBFCs likely to face heightened pressure with NPAs touching 7-9.5%; HFCs will be better off with NPAs expected to touch 3.4-4.8%
There are only two big ideas for policy with securitisation: Originators should have skin and investors should have data
Apex bank says digital platforms claim to offer hassle-free loans to individuals and small traders, but don't disclose who they are associated with
The liquidity scare faced by the non-bank financial companies (NBFC) have eased somewhat, but even there, well rated companies are the beneficiaries who have started issuing debt papers in larger numb
Sources said issue may be launched July-end or first week of August; eight merchant bankers have been shortlisted