Non Banking Financial Institutions

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15 NBFCs surrender certificate of registration to RBI

As per the release, six NBFCs have surrendered their licences due to exit from Non-Banking Financial Institution (NBFI) business.
Loan against property to see greater delinquencies: Ind-Ra

Rating agency, India Ratings and Research, has warned that signs of early stress are clearly visible in the loan against property (LAP) business, indicated by a sharp rise in 90 days past due (dpd) &#82
Opening a bank is easier than a restaurant: Pratip Chaudhuri

The Reserve Bank of India has sought views on its draft guidelines for 'on tap' licensing of universal banks in the private sector. The former State Bank of India Chairman Pratip Chaudhuri also said it is easier to start a bank but difficult to run it.
Tier I capital of 12% to reduce risk for NBFCs: Usha Thorat

Director of CAFRAL Usha Thorat tells CNBC-TV18 that they have recommended increasing the tier I capital of non-banking financial companies to 12% so as to reduce their risk to sensitive sectors.

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Non Banking Financial Institutions

15 NBFCs surrender certificate of registration to RBI

Loan against property to see greater delinquencies: Ind-Ra

Opening a bank is easier than a restaurant: Pratip Chaudhuri

Tier I capital of 12% to reduce risk for NBFCs: Usha Thorat