Page 4 - Non-banking Finance Companies

Strengthening regulation

Growth of NBFCs needs better supervision by RBI

NPA estimates: Street's optimism at odds with the RBI's pessimism

Regulator's projections higher by 250-350 bps, analysts may have jumped gun on faster recovery

Govt evaluating options to sell two subsidiaries of IFCI in revival bid

Not keen on infusing funds into NBFC, to unlock value created by subsidiaries

RBI's draft NBFC dividend policy unlikely to impact most players: Icra

The Reserve Bank of India's draft circular on dividend distribution by NBFCs is unlikely to impact most of the industry players, said ratings agency ICRA

NBFCs with 15% CRAR for 3 years may be allowed to pay dividend: RBI

RBI has come up with a draft circular for declaration of dividend by NBFCs, wherein it has proposed that NBFCs should have at least 15% CRAR for the last 3 years

More pincer moves: Shadow banks may soon be governed by regulatory regime

The smaller and lower-rated NBFCs (AA-rated or the unrated) have been shunned by both banks and markets

The earnings push

India Inc shows patchy but encouraging recovery

NBFCs seek special fund from govt for providing 3-5 yrs term loans

Industry body says funding is currently available only for 6-18 months under various schemes

Kamath Panel's 5 key ratios may make loan recast hard for small metal firms

Experts say a one-size-fits-all solution works against medium and small players in the ferrous and non-ferrous space

FM to meet heads of banks, NBFCs to review loan recast scheme on Thursday

The Reserve Bank of India (RBI) last month permitted one-time restructuring of both corporate and retail loans without getting classified as a non-performing asset (NPA)

FIDC seeks parity for gold loan NBFCs with banks on loan-to-value ratio

By limiting applicability to banks, a vulnerable section of the population is punished by exclusion, the Council says

Loan restructuring may only provide short-term respite to lenders

The measures will lower credit cost to some extent, but analysts are sceptical of asset quality of such loans

Easy liquidity policies have helped NBFCs, aided faster transmission: Das

There has been a criticism that the excess liquidity framework helps lower the cost of borrowing for the government as the yields on bonds go down

Indiabulls Housing Finance readies ground for high-level changes

Gehlaut may step down as chairman, cease being majority stakeholder

NBFCs' AUM to shrink this year: A first in two decades, says CRISIL

Disbursements across segments are expected to fall by 50-60 per cent as the adverse impact Covid-19 pandemic plays out

Modi meets heads of banks, NBFCs, bats for lending to productive sectors

According to sources, the importance of the financial sector in achieving the objective of 'Atmanirbhar Bharat' or self-reliant India was highlighted during the meeting.

Manappuram Finance posts 38% jump in Q1 net profit at Rs 368 crore

The non-banking finance company (NBFC) had registered a net profit of Rs 266.78 crore in the same period of the previous fiscal year

Manappuram Finance board approves plan to raise Rs 500 cr via bonds

Non-banking financial company Manappuram Finance on Tuesday said it will raise up to Rs 500 crore by issuing bonds on a private placement basis

Declining long-term market funding for NBFCs a concern, says RBI

It has the potential to heighten the liquidity risks the sector is already facing after the IL&FS debacle, FSR said

Crisis-hit IL&FS lays road map to cut 57% of Rs 99,000 crore debt

By March, Rs 50,500 cr debt to be pared; resolution for Rs 6,650 cr to continue beyond FY21