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MFs drop exposure to banks, NBFCs in Q4; hike in auto and pharma
Sat, Apr 20, 2024     Source : Business Standard
This comes amid persistent margin pressure and regulatory issues
NEWS
Banks, NBFCs must uphold standards with Fintechs: RBI Dy Governor D G Rao
Wed, Apr 03, 2024     Source : Business Standard
This change could affect the degree of market concentration and competition, giving rise to new challenges
NEWS
Bank direct lending to NBFCs to moderate at Rs 1.7-1.9 trn in FY25: ICRA
Tue, Mar 26, 2024     Source : Business Standard
That's because of the recent rise in risk weights by the Reserve Bank of India for NBFC exposures
NEWS
RBI says won’t drop higher risk weights for loans to PSU NBFCs after banks seek easier norms
Wed, Mar 20, 2024     Source : Economic Times
The Reserve Bank of India (RBI) has rejected a demand from banks to scrap higher risk weights for loans to government-backed entities such as Power Finance Corp. (PFC), Indian Renewable Energy Development ...
NEWS
Six NBFCs must list in the next year, say experts
Mon, Mar 11, 2024     Source : Financial Express
In October 2021, RBI issued scale-based regulations, which classified NBFCs on the basis of size, activity, and perceived weakness. According to these norms, NBFCs are classified as base layer, middle laye...
NEWS
RBI cautions banks, NBFCs against complancency
Thu, Feb 15, 2024     Source : Economic Times
Reserve Bank of India (RBI) governor Shaktikanta Das has asked banks to be on guard against complacency and be vigilent around build-up of risks in the financial sector
NEWS
Budget 2024: NBFCs bat for credit guarantee scheme, among other measures in Interim Budget
Wed, Jan 24, 2024     Source : Economic Times
Gold loan non-banking finance companies (NBFCs), that are currently facing a liquidity crunch, have urged for fiscal measures in the upcoming Union Budget 2024 to infuse liquidity in the system and introdu...
NEWS
Banks, NBFCs post double digit loan growth in Q3
Fri, Jan 05, 2024     Source : Business Line
Credit growth for banks such as YES Bank, South Indian Bank and Dhanlaxmi Bank was at the lower end of 11-12 per cent
NEWS
Bank loans to NBFCs moderate in November
Sat, Dec 30, 2023     Source : Economic Times
Credit growth in November was led by loan growth in services sector despite a slowdown in lending to NBFCs which comprised a significant portion of services loan portfolio.
NEWS
Clarify GST on NBFCs’ co-lending, FIDC asks CBIC
Fri, Dec 01, 2023     Source : Financial Express
Under the co-originating model between a bank and an NBFC, credit is contributed in the ratio of 80:20.
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