Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
non banking finance companies
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  • Bajaj Finance Q3 results: Here are five key highlights Jan 27, 2023 06:09 PM IST

    Bajaj Finance Q3 results: Here are five key highlights

    The non-banking finance company’s standalone profit after tax (PAT) rose 36 percent on-year to Rs 2,624 crore in the December quarter.

  • Budget 2023: NBFCs hope budget will offer liquidity-enhancement measures Jan 17, 2023 05:34 PM IST

    Budget 2023: NBFCs hope budget will offer liquidity-enhancement measures

    It may help non-bank lenders when cost of funds have increased sharply.

  • NBFCs to grow AUM 13-14% next fiscal, twice the pace seen this year - CRISIL Nov 30, 2022 02:51 PM IST

    NBFCs to grow AUM 13-14% next fiscal, twice the pace seen this year - CRISIL

    Additionally, unsecured loans, used vehicles financing and the MSME segment are expected to propel growth, CRISIL said on Wednesday

  • RBI cancels registration certificate of five NBFCs for irregular lending practices May 25, 2022 08:03 PM IST

    RBI cancels registration certificate of five NBFCs for irregular lending practices

    The central bank found that the five NBFCs violated RBI guidelines on outsourcing and Fair Practices Code in their digital lending operations undertaken through third-party apps. This was considered “detrimental to the public interest,” the RBI said.

  • NBFC cash loan against gold restricted to Rs 25,000 Mar 09, 2017 07:30 PM IST

    NBFC cash loan against gold restricted to Rs 25,000

    Non-Banking Finance Companies (NBFCs) cannot lend more than Rs 25,000 in cash against gold, the Reserve Bank said today.

  • High net worth NBFCs can access capital markets via IPOs: FM Feb 01, 2017 04:02 PM IST

    High net worth NBFCs can access capital markets via IPOs: FM

    Presenting the Budget for the fourth time in the current government, Finance Minister Arun Jaitley proposed that high net worth NBFCs can also participate in Initial Public Offerings (IPOs), like banks and insurance companies.

  • Comment: Why Modi has to stop counting cash and revive the economy Nov 22, 2016 01:38 PM IST

    Comment: Why Modi has to stop counting cash and revive the economy

    Demonetisation has had many unintended consequences: for commercial banks, it has led to a problem of plenty. As people rush to deposit their old Rs 500 and Rs 1,000 notes, deposits have shot up by Rs 5.44 lakh crore.

  • Monsoon, consumption to be big plays for earnings: DSP Blackrock Aug 16, 2016 10:27 AM IST

    Monsoon, consumption to be big plays for earnings: DSP Blackrock

    While the first quarter earnings have been mixed, earnings in second half of FY17 will be driven by monsoon and consumption, says Anup Maheshwari of DSP Blackrock Investment Managers.

  • Are you throwing darts at NBFC stocks? Ace mgr says think again Aug 13, 2016 04:05 AM IST

    Are you throwing darts at NBFC stocks? Ace mgr says think again

    In a candid conversation with CNBC-TV18's Anuj Singhal, ace fund manager Sunil Singhania talked about his past investments and shared his views on the various sectors.

  • Masala bonds to help NBFCs more: Fitch Aug 09, 2016 09:22 AM IST

    Masala bonds to help NBFCs more: Fitch

    With two companies raising Rs 5,000 crore via offshore masala bonds in the last month, global ratings agency Fitch has said it will help diversify funding for India Inc, especially non-banking finance companies.

  • On-tap bank licencing 'credit positive' for NBFCs: Moody's Aug 08, 2016 02:00 PM IST

    On-tap bank licencing 'credit positive' for NBFCs: Moody's

    Reserve Bank of India said last week that it will permanently keep open the window for applying for universal bank licences, ending its practice of allowing licence applications only during specific periods.

  • NBFCs cashing in on unmet demand by banks: Morgan Stanley Jul 28, 2016 03:50 PM IST

    NBFCs cashing in on unmet demand by banks: Morgan Stanley

    According to the financial services major, though private sector banks are leading the charge in retail sector, non-banking finance companies (NBFCs) are quite close on their heels.

  • Wait for corrections in NBFCs before you buy them, says Jaipuria Jul 08, 2016 11:14 AM IST

    Wait for corrections in NBFCs before you buy them, says Jaipuria

    Speaking to CNBC-TV18 Jyotivardhan Jaipuria, Founder & MD of Veda Investment Managers said that pharma is a story which will continue to play out in the next few years.

  • 10% fall in market likely if Brexit happens: Ambit Jun 17, 2016 05:44 PM IST

    10% fall in market likely if Brexit happens: Ambit

    Ambit Investment Advisors has increased hedges in its alpha fund to 55 percent from the average 30 percent in anticipation of a knee-jerk movement in the market, says CEO Andrew Holland.

  • Chart of the day: NBFC stocks turn market darlings Jun 03, 2016 12:44 PM IST

    Chart of the day: NBFC stocks turn market darlings

    With expectation of a good monsoon this year and increased consumption due to the 7th Pay Commission and OROP, rural demand is expected to pick up which will benefit NBFCs further.

  • SFBs to be major suppliers of PSL certificates by FY20: Ind-Ra May 03, 2016 02:50 PM IST

    SFBs to be major suppliers of PSL certificates by FY20: Ind-Ra

    Further, by financial year 2019-20, the SFBs - the first of the ten banks started functioning last month - will supply between Rs 9,000 crore to Rs 19,000 crore in loans which can be bought by the banks, it said.

  • NBFCs' retail credit to grow at 19-22% in FY17: Icra Mar 18, 2016 08:10 AM IST

    NBFCs' retail credit to grow at 19-22% in FY17: Icra

    For the first nine months of the current fiscal, NBFCs' retail credit stood at Rs 4.7 trillion, registering a growth of 18.8 percent.

  • NBFCs' govt debt exposure to carry nil risk weight: RBI Mar 10, 2016 06:36 PM IST

    NBFCs' govt debt exposure to carry nil risk weight: RBI

    Exposures to central government guaranteed claims by NBFCs will have zero risk weight, the RBI said.

  • RBI further eases project loan recast norms for NBFCs Jul 31, 2015 08:35 AM IST

    RBI further eases project loan recast norms for NBFCs

    The move will help revive the stalled projects in the economy as the Non Banking Finance Companies (NBFC) like IL&FS lend for projects. For the lender, classification as a standard asset helps in lower provisioning.

  • Bring NBFCs under SARFAESI Act: Study Feb 23, 2014 02:15 PM IST

    Bring NBFCs under SARFAESI Act: Study

    Non-banking finance companies should be brought under the ambit of the SARFAESI Act to enhance investor confidence and ensure robust growth of the financial services sector, a study has said.

  • Manappuram, Muthoot Finance up 20% as RBI eases gold norms Jan 09, 2014 10:20 AM IST

    Manappuram, Muthoot Finance up 20% as RBI eases gold norms

    The central bank on Wednesday hiked loan-to-value ratio (LTV) to up to 75 percent for loans against the collateral of gold jewellery from the present limit of 60 percent with immediate effect.

  • RBI may issue final norms on foreign banks in few months Jun 05, 2013 03:37 PM IST

    RBI may issue final norms on foreign banks in few months

    Foreign banks are operating in India by registering their branches, but without establishing subsidiaries.

  • RBI alert: What to check before making deposits with NBFCs May 31, 2013 10:40 PM IST

    RBI alert: What to check before making deposits with NBFCs

    The Sarada chit fund scam in West Bengal resulted in the erosion of life savings of many, leading some to commit suicide. In view of this, RBI alerted depositors about certain cutomary safeguards. The central bank wants you to take note of some amber alerts...

  • IDFC, Shriram Trans, LIC Hsg top NBFC picks: Kotak May 27, 2013 02:44 PM IST

    IDFC, Shriram Trans, LIC Hsg top NBFC picks: Kotak

    Nischint Chawathe of Kotak Institutional Securities believes that non banking financial companies (NBFC) have an upside bias owing to the 1 percent decline in the interest rates for AAA rated bulk borrowers.

  • L&T Fin, M&M Fin rally on new banking licence norms Feb 25, 2013 10:04 AM IST

    L&T Fin, M&M Fin rally on new banking licence norms

    Shares of non-banking finance companies rallied quite smartly in early trade on Monday after the Reserve Bank of India (RBI) on Friday issued its final guidelines for grant of new banking licences and invited applications from aspirants.