Time has come for banks to link loans, deposits to repo rate: RBI Gov Das
SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks followed.
Risks in sector may rise when banks lend more to NBFCs: Fitch
It said that if banks direct more funds to the sector, mostly the strongest NBFCs are likely to be benefited.
More forced lending to NBFCs can land banks in trouble: Fitch
Earlier this month, RBI announced three major steps to encourage banks to lend more to liquidity starved NBFCs.
Govt issues guidelines for Rs 1-lakh cr partial guarantee scheme for NBFCs
NBFCs, including HFCs, came under stress following series of defaults by group companies of IL&FS in September last year.
Banks report reduction in NPA; seek steps to address stress in NBFCs: Survey
Participating banks suggested that government should simplify GST framework and lower GST rates to enhance tax compliance.
Govt, RBI on same page on steps to boost economy: Sitharaman
Finance Minister Nirmala Sitharaman said the government is looking at the financial sector woes and will address them.
Govt assured of action soon to revive industry, push eco growth: India Inc
Piramal Enterprises's Ajay Piramal said that industry raised several matters such as reluctance of banks to lend to the industry.
Reserve Bank of India survey shows Indian companies are stressed over finance
Companies are very despondent about the cost of capital. They are also less cheerful than earlier on availability of funding.
'Cut taxes or rollback cess as auto gloom deepens': Anand Mahindra
As many as 3.50 lakh jobs have reportedly been lost in the auto industry since the start of the fiscal.
RBI bans NBFCs from charging loan foreclosure penalties
Foreclosure charges are part of the fee income for any lender and add to its bottomline.