nbfc
Housing supply, sales up in FY19
Developers reduced the average property sizes to align their products within the affordability bracket for more buyers
Retail NBFCs likely to see improved liquidity in second half of FY 20
The central bank is also working towards merging three categories of NBFCs.
RBI sets NBFC-MFIs' average base rate at 9.21 pc for April-June
The regulator in February 2014 had issued directions to NBFC-MFIs regarding pricing of credit.
Centrum to launch Rs 500-cr structured credit fund
Centrum Group's credit business, which was launched towards the middle of last fiscal, already has a loan book of Rs 2,000 crore.
ICICI Bank buys 9.9 per cent in NBFC Kisan Finance for Rs 18 crore
The company had registered a net loss of Rs 48 lakh in 2017-18 at a revenue of Rs 4 lakh.
PSBloansin59minutes.com becomes largest fintech loan platform; sanctions Rs 35K cr
The portal was launched in November to provide credit of up to Rs 1 crore to micro, small and medium enterprises within 59 minutes.
NBFCs turn to public for funds
So far there have been seven public issue of NCDs from January, compared to 17 such issuances in April-December of FY18-19.
L&T Finance to raise up to Rs 1,500 cr via NCDs
In the first tranche, it is offering three bonds maturing in 36, 60 and 120 months.
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