Page 42 - Nbfcs

Most investors seem to have kept faith in the stock market in Samvat 2075

But banks and NBFCs continue to remain a cause for concern

A health check on India's shadow banks shows the crisis is far from over

Troubles began last year when major shadow bank IL&FS Group unexpectedly defaulted, prompting broader shock that made it hard for many companies to refinance debt

KKR India Financial Services CEO B V Krishnan steps down

KKR India's recent loans have not done well, which is reflected in the spike in non-performing assets (NPAs)

A reputational crisis for the RBI

Unable to change with the times, the regulator today no longer inspires absolute confidence

How the RBI can get its act together

In the concluding part of the series, the author draws attention to the central bank's problems that need urgent fixing

Rising risk of contagion in India's financial sector, cautions S&P

A recent contagion analysis released by the Reserve Bank of India (RBI) suggested that the failure of any top-five HFC or NBFC could result in the default of up to two banks

Banks may face capital crunch of $50 billion if NBFC crisis drags: Fitch

The agency said it also pictured a scenario where 30 per cent of banks' property exposure becomes non-performing, due to tight liquidity and weak sales

TPG's exit from Shriram Capital may take time, says R Thyagarajan

Economic slowdown will delay decision, says founder of Shriram Group.

Direct sale of loans by NBFCs and HFCs takes a knock in H1, says Icra

Securitisation under pass-through certificate (PTC) transactions was to the tune of Rs 92,000 crore in the past one year

NBFCs: Investors should brace for full impact of liquidity crunch

With funding structures changing, growth pangs may be most visible in Q2

FRDI Bill should focus on speedy resolution of stressed financial firms

Most legal experts believe had the FRDI Bill been enacted alongside the Insolvency and Bankruptcy Code, it would have helped the government deal with the crisis better

It's a problem when the talking point is economy, not cricket or politics

Without bold action to deal with India's banking crisis, count on the economy's doldrums to continue for much longer than most of us anticipate

Govt likely to remove controversial bail-in provision from FRDI Bill

As reported earlier, the finance ministry has started work on reviving the Bill a year after withdrawing it

MFs up the ante on private banks, increase weight to nearly 21%

Fund managers expect well-managed banks to grab higher market share

Another nail in the coffin: Commercial credit down 2.6 percentage points

The contraction has been across all the four segments of the commercial credit segment, including micro, small, medium, mid and large enterprises

Will ask firms to clear Rs 40,000-cr MSME dues fast: FM Nirmala Sitharaman

NBFCs with a minimum rating of 'AA' are allowed to participate in the scheme.

Facing tight liquidity, NBFCs step up offshore fundraising exercise

Tight onshore liquidity is driving NBFCs into the overseas bond and loan markets in search of funding

Resolving stressed financial firms

A resolution corporation is required for the failure of banks, insurance companies, and systemically important firms

FM Nirmala Sitharaman assures change in cooperative bank laws if required

Tells PMC Bank depositors that government and Reserve Bank working on solving their problems

Firms opting for private placements, rather than issuing bonds in public

The main reason for this is the near absence of NBFCs from the market.