RBI relaxes external commercial borrowing norms for corporates, NBFCs
ECBs with a minimum average maturity period of 10 years can now be used for working capital purposes and general corporate purposes.
Nomura: June GDP to print in at 5.7 pc on demand slump, NBFC mess
Economy lost the verve and slipped to five-year low of 5.8 per cent in the March quarter.
SBI tightens lending terms for auto dealer: source
SBI has also cut the credit period for dealers to 60 days from 90 days.
Bank lending to non-bank firms set to gather pace: RBI governor
RBI was closely monitoring top 50 NBFCs, and had a good understanding of cash flows of these firms, said Shaktikanta Das.
NBFC, HFC lending to real estate players down 48 pc in FY'19 at Rs 27,000 cr
Net disbursals by NBFCs/HFCs to real estate developers declined by almost half from about Rs 52,000 crore in 2017-18.
Auditors to DHFL raise red flags around quarterly results
The auditors said DHFL had failed to provide them with sufficient explanation or information about these matters.
Finance Minister seeks to allay fears on surcharge on super rich
RBI has opened an indirect liquidity window to aid banks to give funds to the sector, which is facing a severe liquidity crisis.
DHFL says working with creditors to resolve issues without any haircut to lenders
DHFL reported a loss of Rs 2,223 crore for the March quarter of 2018-19 financial year.
SBI puts up for sale two NPA accounts to recover dues of Rs 309 crore
The e-auction of Rajashree will take place on July 22 while that of Shree Vaishnavi on July 29.
Foreign investors pull out Rs 475 cr from Indian markets in first week of July
As per latest data, FPIs withdrew amount of Rs 3,710.21 crore from equities but invested Rs 3,234.65 crore in the debt.