Nbfc Crisis

Expected to be announced in the coming weeks, the relief package for NBC-MFIs is aimed at providing liquidity support to the sector.

What to expect in the slog overs of BS VI | Corporate Corridor

Investors will not be distracted by the question of how companies manage the transition to BS-VI in FY21

Budget 2020: Lack of effective liquidity measures may delay revival of weaker NBFCs

After the slew of measures announced in September 2019, markets were anticipating a second wave of supportive policy actions that would ensure quicker revival of the shadow banking sector.

Simply Save podcast | Invest smartly in 2020: Tips to grow your money

Find out about the changes brought out in the sector and how investors can tread cautiously and ensure their savings grow

NBFCs under IBC: An experiment worth considering

A resolution corporation as envisaged by the withdrawn FRDI bill is necessary from a long-term perspective. However, a quicker term fix for the NBFC sector, which would hopefully stoke credit growth, and hence economic growth, would be bringing it under the existing IBC.

Muthoot Capital Q2: Two-wheeler financing takes a hit

The NBFC disbursed loans for 11 percent lesser number of units in the July-September quarter. In terms of value, however, the loan disbursals stood at Rs 463 crore, as compared to Rs 469 crore in the same period last year.

NBFCs, HFCs raised Rs 2.4 lakh crore via sale of loans: ICRA

For current financial year, the sale of loans through securitisation is likely to be above Rs 2 lakh crore, fuelled by the government’s partial credit guarantee scheme and targets laid out for public sector banks to disburse funds under the facility.

Explainer | How companies 'shop' for favourable ratings and mislead investors

According to industry sources, CRAs in India are currently witnessing customer churn rate as high as 35 percent, as compared to 8 percent internationally.

CDSL freezes DHFL's promoter holding for delay in announcing Q1 results

DHFL, which has been severely impacted by the NBFC crisis which unfolded late last year following the IL&FS bankruptcy, has defaulted on multiple commitments.

Two charts that show you why the FM is stressing on loan outreach programmes

If there is no shortfall of demand, why hasn’t credit picked up yet?

Banks need to take larger haircuts for any governance failure in NBFCs: RBI Governor Shaktikanta Das

The market-linked mechanism would mean that current promoters go for a stake sale to bring new money into the set up.

More troubles in store for NBFCs as outlook remains grim

India Ratings and Research has revised its sector outlook on non-banking finance companies (NBFCs) from 'stable' to 'negative.' Measures taken by the government and RBI will play out only in the medium-to-long term.

Macro Matters| Tight financial conditions are a big reason for the slowdown

The total flow of financial resources to the commercial sector was also affected by demonetisation

All hands on the deck: Will animal spirits be back for the economy?

Perceptions about future economic prospects will determine responses to the revival measures.

India’s economic slowdown temporary in nature, says HDFC’s Deepak Parekh

He said that the challenge is re-instilling confidence in lenders to support growth, since they have limited funding to select high-rated non-banking finance companies (NBFCs) amid a risk averse environment.

Indian households going back to safe bank deposits despite lower returns: Report

Since the NBFC crisis in September 2018 following a loan default by Infrastructure Leasing & Financial Services (IL&FS), annual deposit growth rose to 10.3 percent by June end from 8.1 percent since September last year.

Simply Save podcast | Worried the NBFC crisis is affecting your debt fund investments?

In this episode of the Simply Save podcast, Moneycontrol's Personal Finance Editor Kayezad Adajania gets in conversation with debt market expert Joydeep Sen to get answers for questions that are troubling investors.

The reverse swing: Small data more important than Big Data

In the context of investing, the current fad for Big Data and machine learning seems overblown. Successful investing entails understanding basic probabilities well. While machines can be used to crunch these probabilities, the old-fashioned method of reading annual reports has worked pretty well.

Macro Matters | Does the growth slowdown have a structural tilt? The jury is out.

Businesses are discouraged from investing when demand is tepid. We need to watch out for the precursors of a permanent lowering of income expectations by consumers. It is time to shine the spotlight on the structural aspects of the slowdown.

DHFL episode offers lessons in how not to run a NBFC

Further defaults and inability to meet its payments on the part of DHFL will again spread fear in the sector. It will set off a fresh round of risk aversion and liquidity squeeze for NBFCs as banks refrain from funding the shadow banking sector.

NBFC crisis not a systemic issue but may take time to resolve: Amitabh Chaudhry, Axis Bank MD

Chaudhry said that promoters of NBFCs that are in need of capital should look at bringing in equity infusion without further delay.

Budget 2019: Government takes steps to revive NBFC sector

Financially sound NBFCs should continue to get funds without investors being risk averse, FM Nirmala Sitharaman said.

RBI Financial Stability Report: Failure of large HFCs, NBFCs pose contagion risks similar to those of big banks

In terms of contagion risks arising out of a failure of large banks, RBI said that the losses are lower for March 2019 than in March 2018 due to better capitalisation of public sector lenders.

Time to weed out stressed stocks from your portfolio; ICICIdirect picks SBI, Axis Bank

ICICIdirect is of the view that in the current NBFC crisis, banks are the real beneficiaries both in terms of costs and assets

Viewpoint | Should fund houses make good investment losses?

Legally, the asset management company is not supposed to bear any market-related loss.