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Here's Why NBFCs are Better than for Banks for Business Loan
They have a quick loan application process and their business loans interest rate are competitive with more easy terms and conditions
Financial sector stocks rally
The PSBs also gained with Nifty PSU Bank Index closing up by 2.83 per cent.
Credit guarantee on debt for NBFCs, HFCs
The move, according to experts, would help NBFCs in the recovery process of an even smaller loans.
Credit flow to Infra sector remains muted at Rs 21.2 lakh cr in Apr-Sep: report
The infrastructure credit had witnessed a 19 per cent growth in FY19 to Rs 21.1 lakh crore.
MFIs raise Rs 14,000 crore via securitisation in H1
The rise in securitisation is being driven by the inadequate funding available to NBFC-MFIs from conventional sources, finds Icra.
Festive demand drives up PV retail sales to 11 per cent in October
Two-wheeler sales increased 5 per cent to 13,34,941 units last month as compared with 12,70,261 units in the year-ago period.
NBFCs with Rs 500 cr assets can go for insolvency resolution
On Friday, the ministry notified the framework for dealing with systemically important FSPs, excluding banks.
4 real estate cos from three cities requests to avail bailout fund: FM
The government approved a Rs 25,000 crore fund to help complete over 1,600 stalled housing projects.
Bank credit growth to moderate to 8.5 pc in FY20: Icra
Icra expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20 from 13.5 per cent in the last financial year.