Nbfcs: Latest News and Updates, Top Stories, Videos, Photos About Nbfcs

'Now Is The Time..': RBI Guv Said Banks, NBFCs Must Continue To Carry Stress Testing Of Their Books

The Reserve Bank Of India's governor Shaktikanta Das highlighted certain key issues which merit the attention of banks, NBFCs, financial sector entities and even businesses during his speech at the FIBAC 2023 Conference. Das guided banks and NBFCs to strengthen their ...

Indian Financial Landscape: The Evolution through NBFC to CIC Conversion

The financial landscape of India is diverse and includes a myriad of financial institutions catering to various sectors. Two such entities are Non-Banking Financial Companies (NBFCs) and Core Investment Companies (CICs). NBFCs are companies registered under the Companies Act and are ...

Non-Bank Lenders Set to Report 25-30% Growth in AUMs

Non-bank lenders are set to report a 25-30% growth in their Assets Under Management (AUMs) in FY24 and FY25, according to a domestic rating agency....

Surge in Securitisation Volumes: A Jump of 35% Reported by Crisil!

Crisil reports a 35% growth in securitisation volumes to over Rs 1 lakh crore in H1 of the current fiscal. The increase is attributed to banks' interest in retail assets and strong credit growth among NBFCs....

Banks' Lending To NBFCs Jumps 35 Per Cent To Rs 14.2 Lakh Crore In June: Report

Banks' lending to non-banking finance companies (NBFCs) rose by 35.1 per cent to Rs 14.2 lakh crore in June, a report said. Credit exposure of banks to NBFCs rose by a robust 35.1 per cent on-year to Rs 14.2 lakh crore ...

Gold Loans NBFCs: Auctions to Stabilise; Intensifying Competition From Banks: IndRa

India Ratings and Research (Ind-Ra) believes that auctions by gold loan non-bank finance companies (NBFCs) would normalise in 4QFY22, as gold prices have stabilised since October 2021, after periods of corrections seen since December 2020, along with normalcy returning in business ...

Top 10 NBFCs That Pay High Rate Of Interest On Fixed Deposits

As the economy is facing a struggle due to COVID-19's impact on the various sectors and industries. It becomes important to save your hard-earned money and invest them in FDs. But where? Most banks have slashed their rates on FDs due ...

RBI Introduces Internal Ombudsman Mechanism For Select NBFCs

For select Non-Banking Financial Companies (NBFCs), the Reserve Bank of India (RBI) has established an Internal Ombudsman process. RBI has directed deposit-taking NBFCs (NBFCs-D) with or more branches, as well as non-deposit taking NBFCs (NBFCs-ND) with assets of Rs 5,000 crore ...

RBI Announces Scale-based Regulatory Framework for NBFCs

The Reserve Bank of India (RBI), the central bank of India has recently initiated a revised scale-based regulatory framework for the Non-Banking Financial Companies (NBFCs). The scale-based framework includes multiple segments of regulation regarding the NBFCs, that will cover capital requirements, ...

RBI Stipulated Guidelines For NBFCs While Declaring Dividends

The Reserve Bank of India has stipulated a set of guidelines for NBFCs before they declare dividends. According to a RBI release, the Board of Directors shall, while considering the proposals for dividend, take into account the following aspects: (a) Supervisory ...

NBFC Stressed Assets May Hit Rs 1.5-1.8 lakh Crore By Fiscal-end

Stressed assets of non-banking financial companies (NBFCs) are expected to reach Rs 1.5-1.8 lakh crore, or 6.0-7.5% of the assets under management (AUM), by the end of the current fiscal, CRISIL has stated in a release. According to the same, the ...

3 Finance Companies Taken Off India Ratings' Negative List

India Ratings has taken off three finance companies, namely Shriram City Union Finance (SCUF), Shriram Housing Finance, and Magma Fincorp, off its rating watch negative (RWN) status and affirmed the rating on improvement in their financial profile. The ratings and research ...

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