Nov 06, 2020 12:30 PM IST
Banks have the money, NBFCs have people on the ground. A marriage makes sense. But, why would a bank share a good borrower with an NBFC?
- Oct 22, 2020 08:11 PM IST
HFCs cannot impose foreclosure charges/ pre-payment penalties on any floating rate term loan sanctioned for purposes other than business to individual borrowers, the RBI has said.
- Sep 08, 2020 09:07 AM IST
Repco has gone through a rough period marked by a lack of growth in home market and the rising delinquencies in the non‐salaried segment
- Jun 23, 2020 12:28 PM IST
LICHF's stock price has corrected 50 percent from the all-time high of Rs 587 in July 2019.
- Jun 18, 2020 10:53 AM IST
The regulator has sought public comments on its draft from HFCs, market participants and other stakeholders by July 15, 2020 latest
- Jun 12, 2020 09:37 AM IST
The bench of Justices L Nageswara Rao, SK Kaul and BR Gavai will hear the case today
- Jun 11, 2020 12:28 PM IST
Liquidity measures have had their day. They haven’t helped lower-rated companies
- Dec 27, 2019 08:19 PM IST
Loans given to real estate companies rose to Rs 2.01 lakh crore in June 2019, from Rs 1.05 lakh crore in June 2016, the RBI said in the Financial Stability Report released on December 27.
- Dec 12, 2019 11:10 AM IST
The changes will allow state-run banks to purchase pooled assets from financially sound NBFCs and HFCs.
- Sep 10, 2019 11:24 AM IST
The agency has thus downgraded the NFBC sector’s mid-year outlook from stable to negative as potential defaults may further weaken wholesale NBFCs and HFCs, which are already facing a crisis
- Aug 20, 2019 03:44 PM IST
The move comes on the heels of a 20 percent tax on share buybacks imposed by the Finance Ministry in Budget 2019 and is apparently aimed at providing a correct picture of companies’ leverage status.
- Apr 02, 2019 09:28 AM IST
- Dec 03, 2018 04:39 PM IST
RBI's relaxation would primarily benefit HFCs where the loan tenure is typically more than 5 years with greater proportion HFCs’ loan book now becoming eligible for securitisation.
- Nov 06, 2018 05:57 PM IST
Apart from liquidity issues, at present, the NBFC industry is also grappling with concerns around the recovery of cash flow in their business. Some banks have also withdrawn their already-sanctioned limits to curtail further financing due to fears of them defaulting.
- Nov 06, 2018 11:27 AM IST
The bonds would be of 10-year maturity, with a yield of 9.5-10 percent
- Nov 02, 2018 01:31 PM IST
We see HDFC as one of the key beneficiaries of liquidity shift towards strong and top quality names and expect it to accelerate market share gain.
- Oct 22, 2018 01:30 PM IST
Nervousness in the stock market and fears of a liquidity squeeze for NBFCs creating solvency issues for real estate players are the reasons for the free fall in NBFC shares post Supertech’s default.
- Oct 16, 2018 07:48 PM IST
At the time when the NBFC sector is grappling with funding issue, IBHF is guiding for medium term loan growth of 20-25 percent which clearly signals its relatively strong liquidity position.
- Oct 08, 2018 07:22 PM IST
NHB is the principal agency to promote the 97 housing finance companies in the country and to provide financial support to eligible institutions.
- Sep 25, 2018 03:24 PM IST
With diversified funding mix and positive asset liability gap, Aavas Financiers is relatively well placed in current environment of heightened funding concerns.
- Sep 22, 2018 08:48 AM IST
Source and cost of funding are vital for NBFCs. While the cost is going up, there seems to be some pressure on source of funds at the moment.
- Sep 17, 2018 04:50 PM IST
The lending rates are also likely to go up, but the pace and intensity of the increase in rates will depend on product competitiveness, existing interest rates, and a company's dominance in the industry, rating agency Crisil said in its report.
- Dec 08, 2015 10:36 PM IST
The bank will also offer customers credit facilities under the schemes of repair and renovation to damaged houses and overdraft facility against the existing housing loans to meet the urgent fund requirements.
- Apr 18, 2015 10:04 AM IST
India's surprise decision to agree to phase-down the use of a potent greenhouse gas after years of opposition is a "significant step" toward global action to address climate change, the US State Department's climate change envoy said Friday.
- Mar 10, 2014 03:50 PM IST
It estimated the total housing credit outstanding as of December 2013 at over Rs 8.6 trillion (Rs 8.6 lakh crore) as against Rs 7.5 trillion as of March 2013.