Guest column: Concerns in financial market addressed
The Budget has set the ground for the government to execute its reforms over the next five years.
Union Budget 2019: Steps to pull back NBFCs from trouble
RBI gives Rs 1.34L cr liquidity boost to banks to improve flow of credit.
Budget 2019: Govt to provide credit guarantee to PSBs to buy NBFC assets
The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.
Budget2019: Sitharaman earmarks Rs 70,000 crore for public sector banks
Public sector banks will use technology for enabling the customer of one PSB to access service across all PSBs as well.
Budget 2019: NPAs worth Rs 4 lakh crore recovered in past four years
Government-owned and private banks besides non-banking financial companies have been saddled with huge NPAs.
A mess: Patel admits RBI was slow to take timely measures
Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.
Auto industry urges govt to take immediate steps to improve liquidity
SIAM said the role of NBFCs is important in vehicle sales as they cater to customers mainly in semi-urban and rural areas.
Govt considering giving more powers to RBI to regulate NBFCs: Sitharaman
As on June 23, 2019, 9,643 NBFCs were registered with RBI.
Failure at a big Indian non-bank lender could cause large damage: RBI
The central bank issued the warning in its latest Financial Stability Report, released on Thursday night.
RBI sets average base rate of 9.18 pc for NBFC-MFI borrowers for July quarter
RBI sets the average base rate for NBFC-MFIs on the basis of average of base rate of the five largest commercial banks.