Page 2 - Shadow Banking

Covid-19: Truth is the first casualty of India's pandemic finance

Shadow banks will be the biggest losers. They will restructure their borrowers' loans but their own liabilities to banks won't get the same treatment

NPAs in shadow banking sector may touch 5-7% by March 2021, says Icra

NBFCs likely to face heightened pressure with NPAs touching 7-9.5%; HFCs will be better off with NPAs expected to touch 3.4-4.8%

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.

Lending, spending... and bending

Bank lending needs to be supported by government spending - the fiscal stimulus

Lockdown 4.0: Normalcy returning for shadow lenders, albeit at a slow pace

Enquiries for fresh loans see uptick

Sitharaman gives liquidity boost of Rs 75,000 cr to shadow banks, MFIs

Sitharaman announced a special liquidity scheme of Rs 30,000 crore for NBFCs, housing finance companies (HFCs) and MFIs, which are finding it difficult to raise money from the debt markets.

Veterans script a new plot in shadow banking, raise Rs 4,000 cr in equity

It is the biggest ever pool of capital to back professionals in this space even as some of the established players are being put through the wringer

After Sebi tightens norms, shadow banks' shares in loan against shares jump

Market participants say that yields on LAS have turned attractive, with other investors steering clear of this segment and the risk-premium kicking-in amid concerns around this segment

Shriram Capital halts 3-way merger with NBFC arms after RBI request

Shriram Capital was planning to combine with its publicly traded units Shriram Transport Finance and Shriram City Union Finance

NBFCs' asset quality deteriorates, delinquency rate rises by 50 bps in Q3

In the consumer credit segment, delinquencies have gone down in automobile loans by 22 bps and in personal loans by 5 bps

Kotak Investment Advisors unlikely to bid for Altico Capital India

Real-estate focused Altico's restructuring and sale process comes as the broader shadow-bank crisis drags on, hurting the property sector and the economy

Shadow banking crisis: NBFCs' asset quality under stress as profit slips

In the first half of FY20, asset quality of the sector showed further deterioration with slight increase in GNPAs.

Health check shows fortunes turning for NBFCs after prolonged crisis

Two of four indicators compiled by Bloomberg that reflect the state of non-bank financial companies strengthened last month from October

Lending rules for weak shadow banks eased to help them access more funds

The cabinet also approved a pact with Japan to help build high grade steel manufacturing capabilities in the country

Stung by the cash crunch, India's top shadow banks find respite overseas

The industry has been reeling from a crisis triggered by the shock collapse of financier IL&FS Group last year, which has been followed by more failures

Govt looks to ease lending rules for NBFCs to lift cash-starved financiers

The government is keen to revive credit growth and spur Asia's third-largest economy, which expanded at the slowest pace in six years in the quarter to Sept. 30

Piramal Capital borrows Rs 1100 crore for 4 months from Barclays: Report

The rate of interest is 7.5 per cent on the four-month loan deal signed last week between Piramal Capital & Housing Finance Ltd. and the British bank

Govt wants RBI to take over stressed assets of shadow banks: Report

The government has also asked the central bank to consider a one time waiver to banks from classifying some real estate loans as bad loans, the government official, who declined to be named, said

How a potential $5 bn DHFL write-off can worsen the shadow bank crisis

The potential write-off would place an additional burden on Indian banks already struggling with $130 billion of bad loans, one of the highest levels in the world

RBI discovers more than $450 million in extra bad loans at Yes Bank

Gross non-performing assets assessed by the Reserve Bank of India were $457 million higher than Yes Bank had disclosed as of March 31