Page 49 - Nbfcs

NBFCs likely to face more downgrades in December quarter, say experts

Until normalcy returns, analysts advise investors against taking fresh exposure to NBFC stocks

NBFCs in focus; Repco Home, DHFL rally up to 7%

Shares of housing finance companies DHFL, Repco Home Finance Reliance Home Finance, Can Fin Homes, Indiabulls Housing Finance rallied up to 7 per cent on BSE in the intra-day trade on BSE.

IL&FS crisis: RBI allows NBFCs quicker turnaround time for loans

According to the revised norms, loans of original maturity of more than five years can be securitised after receiving the repayment of six-month instalments

Two-thirds of NBFCs and HFCs have strong parentage, biz with long vintage

Consumer and small- and medium-enterprises loans account for 60 per cent of their loan mix

Tight liquidity may prompt banks to stay away from NBFC, HFC bonds: Report

The report said the move is likely to improve funding access for entities rated IND A or lower

NBFCs are key to India's growth story

The sector has played a critical role in the development of infrastructure, transport and the support system for economically weaker sections

NBFCs tap non-conventional sources, tweak business models for funds

This comes after monetary issues, stemming from asset-liability mismatch, were taken up nearly two months ago

NBFCs go easy on hiring as IL&FS crisis hits their lending business

Until a few months ago, NBFCs were recruiting chief executive officers with annual packages of Rs 20-45 million

Infibeam Avenues to PC Jeweller, beaten-down stocks stage a comeback

NBFCs, too, have rallied by over 25% in the past two weeks amid easing of liquidity conditions

'Openness' key to resolving current crisis

An interconnected financial system requires collaborative and calibrated interventions

NBFCs facing liquidity issues but no 'crisis', says Corp Affairs Secy

Amidst authorities working on ways to tackle the IL&FS crisis, Corporate Affairs Secretary Injeti Srinivas Monday said non-banking financial companies, particularly housing finance firms, are facing liquidity issues but there is "no crisis". He also emphasised that there is a need to introspect the business models followed in the NBFC sector and adopt the model that is sustainable. The IL&FS crisis, triggered by debt defaults by some group companies, has sparked off concerns over liquidity in the system, while the Corporate Affairs Ministry last month superseded the holding company's board as part of larger efforts to contain the situation. Responding to queries about liquidity situation, Srinivas said that basically in the NBFC segment, the issue is more pronounced with respect to housing finance companies that are facing liquidity problems. "I won't get into individual names. It is segmental problem... these are big entities part of that segment. At the macro level some ...

Govt fears defaults from NBFCs soon if no liquidity lifeline is provided

The DEA, in a letter to the Ministry of Corporate Affairs, described the financial situation as 'still fragile'

Why buyers should choose lenders that are unlikely to face fund crunch

With banks facing non-performing asset (NPA) issues, NBFCs/housing finance companies (HFCs) had become an important source of funding for developers

There is lack of confidence in the system, not liquidity: Ajay Piramal

According to Ajay Piramal, lenders must get confidence that the NBFC sector is a good one to lend to

Retail NBFCs need fresh equity capital to maintain their pace of growth

Debt-to-equity ratio jumps to 10-year high during FY18 as borrowings account for three-fourth of industry's incremental asset growth

RBI eases norms for banks to lend more to NBFCs, housing finance companies

RBI enhances single-borrower exposure limit to 15% of bank's capital

NBFCs face double whammy of liquidity bind and tighter regulations

It may appear that NBFCs are reading the tea leaves right on funding

IL&FS impact: Mutual funds' exposure to group NBFCs under Sebi scanner

In some cases, exposure is as high as 12% of the fund's corpus; a few investments are also in AA rated papers that are relatively less liquid

Liquidity crisis triggered by IL&FS to have deeper impact on NBFCs: Moody's

The report said liquidity tightness could lead to sharply higher financing costs for NBFIs

Protracted liquidity stress to erode Indian NBFCs' credit profiles: Moody's

Says liquidity tightness might lead to sharply higher financing costs, or even difficulty in rolling over their liabilities