Page 31 - Nbfcs

15 different measures FM Nirmala Sitharaman announced today

Among 15 measures announced - 6 are for MSMEs, 2 related to EPF and 2 related to MFIs, 1 to discoms, 1 to contractors, 1 to real estate, and 2 tax measures

FM has leveraged banks and PSUs to deliver the goods

The credit angle is interesting for them as the Rs 3 trillion to be disbursed by banks would go as collateral free debt for four years with a 12-month moratorium

Why lending to MSMEs makes business sense

A large section of MSMEs is creditworthy and micro retail borrowers' cash flow allows them to repay bank loans fast

FM to discuss credit flow to NBFCs, businesses with banks on Monday

The FM will take stock of the credit sanction and disbursement by the banks since March 1, 2020, and the Covid-19-related emergency credit lines opened by the lenders

India's credit profile to face further pressure due to Covid-19: Moody's

Moody's rating on the government of India is Baa2 with negative outlook

MSME sector's bad loan ratio at 12.5% as of January, shows report

NPA level of public sector banks has increased from 18 per cent in December 2018 to 19 per cent in December 2019

Targeted liquidity for NBFCs, MFs to ease systemic stress, says R Sivakumar

The outflows seen in March are a quarterly and annual phenomenon whereby some institutional and corporate investors redeem and re-invest at the start of the new quarter/year, says Sivakumar

SBI to grant moratorium to NBFCs on case-by-case basis amid Covid-19 crisis

Considers 25 fresh credit proposals from shadow banks

Allow restructuring of loans, ask raters not to downgrade: NBFCs to RBI

Mutual Funds say they didn't need to use their liquidity line fully

Covid-19 crisis: RBI may extend moratorium on bank loans by 90 more days

Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RBI is actively considering them, according to sources.

RBI guv Das chastises banks not doing enough on lending, NBFC liquidity

Relaxation likely on branch audit as Guv meets bankers

NBFCs ask FM to offer credit guarantees to banks on loans extended by them

Industry has also pitched for SPV with initial funding from govt, to help refinance small and mid-sized NBFCs

MFs' risk aversion towards NBFCs continues, exposure falls to 19% in March

The overall sectoral exposure to NBFCs, including housing finance companies, fell to 19% in March 2020

Mutual fund industry hit as new 'financial advisor' additions plunge

ARN is a unique code allotted to intermediaries by the Association of Mutual Funds in India (Amfi)

Here's why NBFC stocks may turn into a heap of trouble for investors

NBFCs may be forced to dig into their cash reserves if systemic liquidity support dries up

Coronavirus impact: RBI's TLTRO 2.0 gets cold-shoulder from banks

Reluctant to lend to NBFCs, MFIs in current situation

Covid-19 impact: Banks ignore RBI's TLTRO in order to avoid NBFC exposure

The latest auction was part of the TLTRO 2.0, through which RBI had planned to infuse up to Rs 50,000 crore, to begin with.

NBFCs may fall by the wayside without a major forbearance package

Even after the Reserve Bank of India 'permitted' banks to offer a three-month moratorium to borrowers (of all hues), NBFCs continue to run from regulatory pillar to post to avail of it

NBFCs stare at 30-70% fall in FY21 earnings due to coronavirus pandemic

According to an Edelweiss report, Rs 1 trillion non-convertible dentures (NCDs) and Rs 1.2 trillion commercial papers (CPs) are due for maturity in May and June

Moratorium-linked uncertainty puts debt mutual funds in jeopardy

According to Sebi data, MFs had Rs 1.38 trillion debt exposure to NBFCs, of which Rs 51,014 crore was in less than 90-day debt papers, as of March 31, 2020