Page 28 - Nbfcs

Corporate bond market starts warming up to NBFCs easing liquidity concerns

Financial companies are also lining up equity issuances, and some dollar bond issuances are planned as well. In domestic markets, gold loan companies are also getting active in raising bonds

MSMEs may see another round of restructuring as RBI moratorium eases

Small businesses remain under stress as India ends lockdown to contain coronavirus outbreak

DHFL Q4 pre-tax loss rises to Rs 10,296.91 crore on fair value changes

Firm has seen huge drop in loan assets, with housing and other loans at the end of Q4 at Rs 66,202.68 cr from Rs 97,978.12 cr a year ago

The question of structural growth

As global investors rethink their India exposure, they should focus on the economy's long-term direction

ClearTax to enter SME lending biz this fiscal, may tie up with banks, NBFCs

Company's business has come back to 70% of pre-Covid level now

RBI asks banks, NBFCs to increase awareness campaigns against frauds

The central bank observed that despite the financial literacy drive it undertook, cases of frauds continue to rise

Mauritius' plans to exit FATF grey list hits coronavirus roadblock

The country was put on the list of jurisdictions that require increased monitoring in February

A radical overhaul of bank governance

The prosaic truth is that corporate governance just doesn't happen

Fitch revises India's rating: A third view which is different yet again?

Fitch has used the pandemic impact to comment on lower growth for India, which can be -5 per cent this year due to the lockdown and its effects

Liquidity cover for NBFCs not much affected in April and May: Report

In a stress case, where collections are nil and there is no moratorium on liabilities, the proportion of companies with low liquidity could go up to 25%

Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman

Govt likely to issue clarification to add more borrowers under ECLGS

A novel solution for struggling real estate sector in Covid-19 times

Before Covid-19, the sector was grappling with multiple headwinds of customer reluctance, inventory overhang and half-baked projects across the country

Amid cash crunch, new-age lenders reach out to help early-stage start-ups

Lenders are looking at 'innovative' lending terms such as cash conversion cycle and revenue-linked repayment models to reduce their risks

Spandana Sphoorty Financial to raise up to Rs 100 cr on private placement

The committee approved the issuance of 1,000 rated, listed, secured, redeemable non-convertible debentures

After IL&FS crisis, Covid-19 makes NBFCs struggle despite RBI actions

While bank credit to NBFCs has seen a rise of 30 per cent year on year, credit has mostly flown into larger NBFCs with good parentage and ones with better ALM positions.

RBI staff studies on NBFCs call for more policy help to avoid systemic risk

While the RBI has done a number of liquidity enhancing measures, and the government has also come up with credit guarantee schemes, the issue in hand is clearly that of solvency

Financial sector drags down Nifty's P/B value below historical average

Index trading at price-to-book ratio of 2.9x, compared to 20-year average of 3.5x

Commercial vehicle makers expect recovery in sales from second half of FY21

While economic slowdown, drying up of infrastructure projects and revised axle norms hit the sector badly in FY20, the coronavirus (Covid-19) pandemic has worsened the situation

Realtors fazed by Piyush Goyal's take, say lower prices may not boost sales

Commerce minister had urged developers not to wait for govt aid or markets to rationalise but start lowering prices and write off their earlier investments as bad business decisions

MFIs see 50% recovery in June as rural borrowers avoid using moratorium

According to MFIs, the recoveries from rural areas in May were higher by 10-20 per cent compared to that in urban areas