nbfc
Draft liquidity norms for NBFCs released
NBFCs will have to maintain minimum high quality liquid assets of 100 per cent of total net cash outflows over the following 30 days.
RBI to create specialised supervisory and regulatory cadre
A decision to this effect was taken at a meeting of the Central Board here under the Chairmanship of RBI Governor Shaktikanta Das.
Shadow banks must appoint risk officers: RBI
Banks with more than 50 billion rupees (USD 714 million) in assets must appoint a chief risk officer.
Imminent crisis in NBFC sector: Corporate Affairs Secy
The financial system has been grappling with multiple woes in the wake of the turmoil at IL&FS group.
Fishing in troubled waters of finance sector
Non-banks borrow from their competition (banks), mutual funds, insurance companies and institutional investors.
Industry delegation calls on RBI Guv, discusses steps for MSMEs, NBFCs
The chamber in its submission has also sought further cut in the repo rate in the coming quarters.
Loan against shares under regulators lens
RBI, Sebi & Irdai examining issue after last week’s FMP fiasco.
NBFC-MFIs raise Rs 26,000 cr through securitisation in FY19
The securitisation route to raise funds increased to meet their growth targets in FY19, according to a report by rating agency Icra.
India Inc is seeking dollar borrowings, but only select firms will find
For making offshore debt attractive Reserve Bank of India has eased external commercial borrowings guidelines.
NBFC retail to cross Rs 10 lakh crore
ICRA anticipates that the availability of funds and their cost will continue to be a worry in the first half of FY20 as well.