nbfc
Top 50 NBFCs need Rs 70K cr in November
Banks may be forced to increase lending to NBFCs to prevent defaults.
Centre fears NBFC defaults without liquidity lifeline
The new board submitted a plan to revive the debt-laden firm this week.
Financial situation fragile, feels Finance Ministry
Govt fears default by NBFCs and HFCs if liquidity crunch is not eased immediately.
FSDC discusses NBFC liquidity issues; RBI assures adequate fund flow in system
RBI governor informed the government that there is no liquidity crunch in the system.
IL&FS crisis: Normalcy to return to system in couple of weeks, says SBI Chief
The company as of March 2018 owed over Rs 91,000 crore to banks and other creditors.
Parliamentary panel to summon RBI governor Patel on IL&FS controversy
The RBI governor had blamed the bank management for lapses.
RBI allows banks to lend more to some non-banking finance firms
The limit has been raised from 10 per cent and is effective up to December 31.
Kreditech gets first-of-its-kind licence for digital lending business
The consumer lending industry in India is witnessing major disruption through technological innovation.
FPIs pull out Rs 26,600 crore in two weeks
Overseas investors had put in a net amount of Rs 7,400 crore in the capital markets in July-August.
SBI to buy assets worth Rs 45,000 cr from NBFCs to resolve liquidity crisis
The country's largest lender said that it has stepped up target purchase of good quality portfolio of assets from NBFCs.